Allied Motion Technologies Inc reports results for the quarter ended in September - Earnings Summary

Allient

02/11/2022 21:02

* Allied Motion Technologies Inc  AMOT.OQ  reported
quarterly
adjusted earnings of 41 cents​​ per share for the quarter ended
in September. The mean expectation of two analysts for the
quarter was for earnings of 37 cents per share.
    * Revenue rose 29.8% to $134.41 million from a year ago;
analysts
expected $128.66 million. 
    * Allied Motion Technologies Inc's reported EPS for the
quarter
was 41 cents​.
    * The mean earnings estimate of analysts had risen by
about 10.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Allied Motion Technologies Inc shares had risen by 16.2%
this
quarter and lost 8.9% so far this year.
    * The company reported quarterly net income of $6.61
million.
    * Wall Street's median 12-month price target for Allied
Motion
Technologies Inc is $40.50 
    * 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." 

This summary was machine generated from Refinitiv data November
2 at 09:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.37           0.41           Beat
 Jun. 30 2022      0.25           0.36           Beat
 Mar. 31 2022      0.13           0.24           Beat
 Dec. 31 2021      0.24           0.20           Missed