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Compared to Estimates, Advanced Energy (AEIS) Q1 Earnings: A Look at Key Metrics
AEISAdvanced Energy(AEIS) Zacks Investment Research·2024-05-01 23:01

Advanced Energy Industries (AEIS) reported 327.48millioninrevenueforthequarterendedMarch2024,representingayear−over−yeardeclineof23327.48 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 23%. EPS of 0.58 for the same period compares to 1.24ayearago.Thereportedrevenuerepresentsasurpriseof−8.351.24 a year ago.The reported revenue represents a surprise of -8.35% over the Zacks Consensus Estimate of 357.3 million. With the consensus EPS estimate being $0.71, the EPS surprise was -18.31%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectation ...