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

Shyft

27/10/2022 14:33

* Shyft Group Inc  SHYF.OQ  reported quarterly adjusted
earnings
of 53 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 4.9% to $286.08 million from a year ago;
analysts
expected $288.40 million. 
    * Shyft Group Inc's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Shyft Group Inc shares had risen by 8.1% this quarter and
lost 55.1% so far this year.
    * The company reported quarterly net income of $17.29
million.
    * Wall Street's median 12-month price target for Shyft Group
Inc
is $35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 01:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.44           0.53           Beat
 Jun. 30 2022      0.18           0.21           Beat
 Mar. 31 2022      -0.07          -0.06          Beat
 Dec. 31 2021      0.47           0.56           Beat