Advanced Energy Industries (AEIS) Q1 Earnings and Revenues Lag Estimates
AEISAdvanced Energy(AEIS) Zacks Investment Research·2024-05-02 06:26

Advanced Energy Industries (AEIS) came out with quarterly earnings of 0.58pershare,missingtheZacksConsensusEstimateof0.58 per share, missing the Zacks Consensus Estimate of 0.71 per share. This compares to earnings of 1.24pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof18.311.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -18.31%. A quarter ago, it was expected that this maker of power-conversion products would post earnings of 1.15 per share when it actually produced earnings of $1.24, delivering a surprise of 7.83%. O ...