Shyft Group Inc expected to post a loss of 17 cents a share - Earnings Preview

Shyft

23/04/2024 16:05

* Shyft Group Inc  SHYF.OQ   SHYF.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The Novi Michigan-based  company is expected to report a
24.3% decrease in revenue to $184.275 million from $243.44
million a year ago, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Shyft Group Inc is for a
loss
of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Shyft Group
Inc
is $12.00​, above​ its last closing price of $11.11. ​​​

The company's guidance on February 22 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of of USD0.
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  -0.01       -0.03      -0.03     Met     14.3
 Sep. 30 2023  0.07        0.08       0.19      Beat    147.8
 Jun. 30 2023  0.23        0.21       0.25      Beat    19​
 Mar. 31 2023  0.02        0.04       0.12      Beat    233.3
 ​​Dec.        0.44        0.45       0.58      Beat    30.3
 31 2022                                                
 Sep. 30 2022  0.45        0.44       0.53      Beat    20.5​
 Jun. 30 2022  0.18        0.18       0.21      Beat    17.2
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    14.3
 This summary was machine generated April 23 at 15:05 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)