Shyft Group Inc reports results for the quarter ended December 31 - Earnings Summary

• Shyft Group Inc SHYF.OQ reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of three analysts for the quarter was for earnings of 14 cents per share. Wall Street expected results to range from 10 cents to 17 cents per share.

• Revenue fell 0.4% to $201.43 million from a year ago; analysts expected $211.30 million.

• Shyft Group Inc's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $3.41 million.

• Shyft Group Inc shares had risen by 6.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the auto & truck manufacturers peer group is "hold."

Wall Street's median 12-month price target for Shyft Group Inc is $15.00

This summary was machine generated from LSEG data February 20 at 03:10 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)