Allient Inc expected to post earnings of 47 cents a share - Earnings Preview

Allient

07/05/2024 03:07

* Allient Inc  ALNT.OQ   ALNT.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Amherst New York-based  company is expected to report
a
0.9% decrease in revenue to $144.289 million from $145.55
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
47 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
$41.00​, above​ its last closing price of $30.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 30 2023  0.56        0.56       0.58      Beat    3.6​
 Mar. 31 2023  0.46        0.46       0.55      Beat    20.4
 ​​Dec.        0.55        0.51       0.43      Missed  -14.9
 31 2022                                                
 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
 This summary was machine generated May 7 at 02:07 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)