Advanced Energy Indus (NASDAQ:AEIS) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Advanced Energy Indus beat estimated earnings by 30.53%, reporting an EPS of $1.24 versus an estimate of $0.95.
Revenue was up $45.84 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.42 which was followed by a 0.09% drop in the share price the next day.
Here's a look at Advanced Energy Indus's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.94 | 0.82 | 1.27 | 1.26 |
| EPS Actual | 1.36 | 0.89 | 1.25 | 1.29 |
| Revenue Estimate | 356.99M | 341.52M | 362.14M | 352.46M |
| Revenue Actual | 396.93M | 346.09M | 361.31M | 351.62M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Advanced Energy Indus management provided guidance for Q2 2022, expecting earnings between $0.75 and $1.35 per share.
To track all earnings releases for Advanced Energy Indus visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
