On Wednesday 30th October 2024, Advanced Energy Industries (NASDAQ: AEIS) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.
Financial analysts on Wall Street are predicting that the concern is expected to report an estimated per share $0.91 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $372.49 million during this period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $1.45 billion. Furthermore, they expect the business to achieve profit of $3.34 per share during the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $1.28 per share. This number was attributed to the company's total revenue, which settled at an impressive $409.99 million during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.85 | -23.4% | 364.95 M | -12.2% |
| Q1 2024 | $0.58 | -53.2% | 327.48 M | -23.0% |
| Q4 2023 | $1.24 | -27.1% | 405.27 M | -17.4% |
| Q3 2023 | $1.28 | -39.6% | 409.99 M | -20.6% |
| Q2 2023 | $1.11 | -22.9% | 415.51 M | -5.8% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 04:30 PM eastern time to discuss Q3 financial results.
Advanced Energy Industries (AEIS) closed Monday's regular trading session at $108.37, marking a 1.16 percent increase. During the day, AEIS shares traded between $107.84 and $109.43, with a day volume of 118.80 thousand shares.
