Shyft Group Inc reports results for the quarter ended in December - Earnings Summary

Shyft

23/02/2023 15:09

* Shyft Group Inc  SHYF.OQ  reported quarterly adjusted
earnings
of 58 cents​​ per share for the quarter ended in December. The
mean expectation of five analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 8.9% to $302.01 million from a year ago;
analysts
expected $304.44 million. 
    * Shyft Group Inc's reported EPS for the quarter was 50
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Shyft Group Inc shares had risen by 21.6% this quarter.
    * The company reported quarterly net income of $17.84
million.
    * Wall Street's median 12-month price target for Shyft Group
Inc
is $38.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 03:09 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.45           0.58           Beat
 Sep. 30 2022      0.44           0.53           Beat
 Jun. 30 2022      0.18           0.21           Beat
 Mar. 31 2022      -0.07          -0.06          Beat