News & Insights

Markets
AEIS

Advanced Energy Industries Guides Q3 Adj. EPS Above Estimates - Quick Facts

August 05, 2020 — 08:08 am EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - While reporting financial results for the second quarter on Wednesday, Advanced Energy Industries, Inc. (AEIS) provided earnings and revenue guidance for the third quarter.

For the third quarter, the company expects projects earnings from continuing operations in a range of $0.63 to $1.13 per share and adjusted earnings in a range of $0.90 to $1.40 per share on revenues between $325 million and $375 million.

On average, analysts polled by Thomson Reuters expect the company to earn $0.74 per share on revenues of $307.59 million for the quarter. Analysts' estimates typically exclude special items.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Markets
RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source ->

Stocks mentioned

AEIS

More Related Articles

Info icon

This data feed is not available at this time.

  • •

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.