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

Shyft

27/07/2023 15:09

* Shyft Group Inc  SHYF.OQ  reported quarterly adjusted
earnings
of 25 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
21 cents per share.
    * Revenue fell 3.1% to $225.10 million from a year ago;
analysts
expected $256.60 million. 
    * Shyft Group Inc's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Shyft Group Inc shares had fallen by 4.2% this quarter and
lost 15.0% so far this year.
    * The company reported quarterly net income of $4.69
million.
    * Wall Street's median 12-month price target for Shyft Group
Inc
is $32.00 
    * 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 LSEG Refinitiv data July
27 at 02:09 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.21           0.25           Beat
 Mar. 31 2023      0.04           0.12           Beat
 Dec. 31 2022      0.45           0.58           Beat
 Sep. 30 2022      0.44           0.53           Beat