Advanced Energy Industries (NASDAQ:AEIS) will issue its quarterly earnings data after the market closes on Monday, October 29th. Analysts expect the company to announce earnings of $0.94 per share for the quarter. Advanced Energy Industries has set its Q3 guidance at $0.93-$1.07 EPS.
Advanced Energy Industries (NASDAQ:AEIS) last issued its quarterly earnings results on Monday, July 30th. The electronics maker reported $1.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.35 by ($0.10). The business had revenue of $196.00 million for the quarter, compared to the consensus estimate of $199.60 million. Advanced Energy Industries had a return on equity of 33.40% and a net margin of 19.68%. Advanced Energy Industries’s revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.22 earnings per share. On average, analysts expect Advanced Energy Industries to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NASDAQ AEIS opened at $44.22 on Friday. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 10.45, a PEG ratio of 1.01 and a beta of 1.09. Advanced Energy Industries has a twelve month low of $42.55 and a twelve month high of $95.00.
In other Advanced Energy Industries news, CFO Thomas O. Mcgimpsey sold 8,391 shares of Advanced Energy Industries stock in a transaction on Thursday, August 16th. The stock was sold at an average price of $59.32, for a total transaction of $497,754.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.20% of the company’s stock.
Advanced Energy Industries Company Profile
Advanced Energy Industries, Inc, together with its subsidiaries, designs, manufactures, sells, and supports power conversion and control products that transform electrical power into various usable forms. It offers process power systems, including direct current (DC), pulsed DC, low frequency, high voltage, and radio frequency (RF) power supplies, as well as matching networks and remote plasma sources for reactive gas applications and RF instrumentation.
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