Allied Motion Technologies Inc expected to post earnings of 46  cents a share - Earnings Preview

Allient

02/05/2023 03:02

* Allied Motion Technologies Inc  AMOT.OQ   AMOT.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 3. 
    * The Amherst New York-based  company is expected to report 
a
17.9% increase in revenue to $135.317 million from $114.79
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 46 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 $45​, above​ its last closing price
of $35.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.55        0.51       0.43      Missed  -14.9
 Sep. 30 2022  0.37        0.37       0.60      Beat    62.2
 Jun. 30 2022  0.24        0.25       0.36      Beat    46.9​
 Mar. 31 2022  0.14        0.13       0.24      Beat    84.6
 ​​Dec.        0.23        0.24       0.20      Missed  -15.5
 31 2021                                                
 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
 This summary was machine generated May 2 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated