Allient Inc reports results for the quarter ended June 30 - Earnings Summary
Allient Inc reports results for the quarter ended June 30 - Earnings Summary
Allient Inc ALNT.OQ reported quarterly adjusted earnings of 80 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of five analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 59 cents to 63 cents per share.
Revenue rose 10.2% to $153.77 million from a year ago; analysts expected $145.69 million.
Allient Inc's reported EPS for the quarter was 61 cents.
The company reported quarterly net income of $10.39 million.
Allient Inc shares had fallen by 8.1% this quarter and gained 75.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for Allient Inc is $72.50, about 28.6% below its last closing price of $93.25
This summary was machine generated from LSEG data August 6 at 04:24 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.61 | 0.80 | Beat |
Mar. 31 2026 | 0.53 | 0.50 | Missed |
Dec. 31 2025 | 0.45 | 0.55 | Beat |
Sep. 30 2025 | 0.49 | 0.59 | Beat |
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Allient Inc reports results for the quarter ended June 30 - Earnings Summary
Allient Q2 revenue beats estimates on industrial automation, data center growth
Brief: Allient Inc Q2 EPS USD 0.62