Shyft Group Inc expected to post a loss of 4 cents a share - Earnings Preview

Shyft

20/02/2024 14:37

* Shyft Group Inc  SHYF.OQ   SHYF.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 22 for
the period ending December 31 2023
    * The Novi Michigan-based  company is expected to report a
36.6% decrease in revenue to $191.55 million from $302.01
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 4 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 $13.00​, above​ its last closing price of $11.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.44        0.45       0.58      Beat    30.3
 ​​Sep.        0.45        0.44       0.53      Beat    20.5
 30 2022                                                
 Jun. 30 2022  0.18        0.18       0.21      Beat    17.2​
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    14.3
 Dec. 31 2021  0.46        0.47       0.56      Beat    20.2
 This summary was machine generated February 20 at 14:37 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)