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

Shyft

27/04/2023 19:51

* Shyft Group Inc  SHYF.OQ  reported quarterly adjusted
earnings
of 12 cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
4 cents per share.
    * Revenue rose 17.7% to $243.44 million from a year ago;
analysts
expected $228.96 million. 
    * Shyft Group Inc's reported EPS for the quarter was 5
cents​.
    * The mean earnings estimate of analysts had fallen by
about 84.7%
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 risen by 3.6% this quarter and
lost 5.2% so far this year.
    * The company reported quarterly net income of $1.68
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
April 27 at 06:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.04           0.12           Beat
 Dec. 31 2022      0.45           0.58           Beat
 Sep. 30 2022      0.44           0.53           Beat
 Jun. 30 2022      0.18           0.21           Beat