Shyft Group Inc expected to post earnings of 9 cents a share - Earnings Preview

Shyft

23/07/2024 17:09

* Shyft Group Inc  SHYF.OQ   SHYF.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The Novi Michigan-based  company is expected to report a
10.5% decrease in revenue to $201.475 million from $225.1
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
earnings of 9 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​, below​ its last closing price of $12.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.18       -0.17      -0.04     Beat    76.8
 Dec. 31 2024  -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.        0.02        0.04       0.12      Beat    233.3
 31 2023                                                
 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. 30 2022  0.18        0.18       0.21      Beat    17.2
 This summary was machine generated July 23 at 16:09 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)