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Advanced Energy (AEIS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
AEISAdvanced Energy(AEIS) ZACKS·2024-10-31 00:36

Advanced Energy Industries (AEIS) reported 374.22millioninrevenueforthequarterendedSeptember2024,representingayearoveryeardeclineof8.7374.22 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 8.7%. EPS of 0.98 for the same period compares to 1.28ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.28 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 374.54 million, representing a surprise of -0.09%. The company delivered an EPS surprise of +6.52%, with the consensus EPS estimate being $0.92.While investors scrutinize revenue and earnings changes year-over-year and how they c ...