Allied Motion Technologies Inc expected to post earnings of 13  cents a share - Earnings Preview

Allient

03/05/2022 03:06

* Allied Motion Technologies Inc  AMOT.OQ   AMOT.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The Amherst New York-based  company is expected to report 
a
8.6% increase in revenue to $110.406 million from $101.68
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Allied Motion
Technologies Inc is for earnings of 13 cents per share. For the
same quarter last year, the company reported earnings of 32
cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Allied
Motion
Technologies Inc is $46.5​, above​ its last closing price
of $24.10. ​​​

This summary was machine generated May 3 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated