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AEIS — Advanced Energy Industries News Story

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Advanced Energy Industries Inc reports results for the quarter ended June 30 - Earnings Summary

Advanced Energy Industries Inc AEIS.OQ reported quarterly adjusted earnings of $1.50​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 85 cents.  The mean expectation of twelve analysts for the quarter was for earnings of $1.31 per share. Wall Street expected results to range from $1.23  to $1.47 per share.

Revenue rose 21% to $441.50 million from a year ago; analysts expected $421.27 million.

Advanced Energy Industries Inc's reported EPS for the quarter was 67 cents​.

The company reported quarterly net income of $25.2 million.

Advanced Energy Industries Inc shares had risen by 6.1% this quarter and gained 21.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Advanced Energy Industries Inc is $133.50, about 5.3% below its last closing price of $140.56

This summary was machine generated from LSEG data August 5 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.311.50Beat
Mar. 31 20251.061.23Beat
Dec. 31 20241.101.30Beat
Sep. 30 20240.910.98Beat

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