Recap: Advanced Energy Indus Q1 Earnings

Advanced Energy Indus 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.

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.

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).

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.

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