Advanced Energy Industries (AEIS) Q1 Earnings and Revenues Lag Estimates

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