Allient Inc expected to post earnings of 23 cents a share - Earnings Preview

Allient

05/11/2024 24:19

* Allient Inc  ALNT.OQ   ALNT.O  is expected to show a fall
in
quarterly revenue when it reports  results on November 6 for the
period ending September 30 2024
    * The Amherst New York-based  company is expected to report
a
14.3% decrease in revenue to $124.519 million from $145.32
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Allient Inc is for
earnings of
23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Allient Inc
is
$30.00​, above​ its last closing price of $18.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.40        0.42       0.29      Missed  -31.5
 Mar. 31 2024  0.49        0.47       0.58      Beat    22.5
 Dec. 31 2023  0.25        0.32       0.55      Beat    70.1​
 Sep. 30 2023  0.56        0.55       0.61      Beat    10.2
 ​​Jun.        0.56        0.56       0.58      Beat    3.6
 30 2023                                                
 Mar. 31 2023  0.46        0.46       0.55      Beat    20.4​
 Dec. 31 2022  0.55        0.51       0.43      Missed  -14.9
 Sep. 30 2022  0.37        0.37       0.60      Beat    62.2
 This summary was machine generated November 5 at 00:19 GMT.  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)