Allied Motion Technologies Inc expected to post earnings of 24  cents a share - Earnings Preview

Allient

08/03/2022 03:01

* Allied Motion Technologies Inc  AMOT.OQ   AMOT.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 9. 
    * The Amherst New York-based  company is expected to report 
a
3.7% increase in revenue to $96.417 million from $93 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Allied Motion
Technologies Inc is for earnings of 24 cents per share. For the
same quarter last year, the company reported earnings of 19
cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $50​, about 32.3% above​ its last closing
price of $33.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.32        0.31       0.41      Beat    33.7
 Jun. 30 2021  0.26        0.26       0.33      Beat    26.9
 Mar. 31 2021  0.20        0.20       0.32      Beat    60.9​
 Dec. 31 2020  0.17        0.17       0.19      Beat    7.7
 ​​Sep.        0.19        0.19       0.28      Beat    47.4
 30 2020                                                
 Jun. 30 2020  0.04        0.04       0.21      Beat    500​
 Mar. 31 2020  0.15        0.15       0.29      Beat    91.3
 Dec. 31 2019  0.19        0.19       0.25      Beat    27.7
 This summary was machine generated March 8 at 03:01 GMT.  All
figures in US dollars  unless otherwise stated