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Advanced Energy Industries (AEIS) Surpasses Q2 Earnings and Revenue Estimates
AEISAdvanced Energy(AEIS) ZACKS·2024-07-30 22:20

分组1 - Advanced Energy Industries (AEIS) reported quarterly earnings of 0.85pershare,exceedingtheZacksConsensusEstimateof0.85 per share, exceeding the Zacks Consensus Estimate of 0.69 per share, but down from 1.11pershareayearago,representinganearningssurpriseof23.191.11 per share a year ago, representing an earnings surprise of 23.19% [1] - The company posted revenues of 364.95 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 5.74%, but down from $415.51 million year-over-year [1] - Over the last four quarters, Advanced Energy has surpassed consensus EPS estimates three times, but has topped consensus revenue estimates only once [1] 分组2 - The stock has added about 1.1% since the beginning of the year, underperforming the S&P 500's gain of 14.5% [2] - The current consensus EPS estimate for the coming quarter is 1.01onrevenuesof1.01 on revenues of 394.98 million, and for the current fiscal year, it is 3.28onrevenuesof3.28 on revenues of 1.48 billion [4] - The Zacks Industry Rank for Semiconductor Equipment - Wafer Fabrication is currently in the bottom 22% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [5]