Shyft Group Inc expected to post earnings of 8  cents a share - Earnings Preview

Shyft

24/10/2023 19:33

* Shyft Group Inc  SHYF.OQ   SHYF.O  is expected to show a
fall in
quarterly revenue when it reports  results 
    * The Novi Michigan-based  company is expected to report  a
27.4% decrease in revenue to $207.8 million from $286.08 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 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 $17​, above​ its last closing price of $11.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.45        0.44       0.53      Beat    20.5
 ​​Jun.        0.18        0.18       0.21      Beat    17.2
 30 2022                                                
 Mar. 31 2022  -0.07       -0.07      -0.06     Beat    14.3​
 Dec. 31 2021  0.46        0.47       0.56      Beat    20.2
 Sep. 30 2021  0.53        0.54       0.63      Beat    17.5
 This summary was machine generated October 24 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated