Shyft Group Inc expected to post earnings of 18  cents a share - Earnings Preview

Shyft

26/07/2022 19:34

* Shyft Group Inc  SHYF.OQ   SHYF.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 28. 
    * The Novi Michigan-based  company is expected to report  a
8.6% decrease in revenue to $223.023 million from $243.98
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shyft Group Inc is
for
earnings of 18 cents per share. For the same quarter last year,
the company reported earnings of 53 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"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 $37.5​, above​ its last closing price of $23.05. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    14.3
 Dec. 31 2022  0.46        0.47       0.56      Beat    20.2
 Sep. 30 2021  0.53        0.54       0.63      Beat    17.5​
 Jun. 30 2021  0.53        0.53       0.53      Met     0.5
 ​​Mar.        0.32        0.33       0.36      Beat    9.1
 31 2021                                                
 Dec. 31 2020  0.25        0.26       0.27      Beat    5.5​
 Sep. 30 2020  0.39        0.39       0.62      Beat    60
 Jun. 30 2020  0.15        0.15       0.13      Missed  -13.3
 This summary was machine generated July 26 at 18:34 GMT.  All
figures in US dollars  unless otherwise stated