Advanced Energy Industries Earnings: Everything You Must Know Now

Advanced Energy Industries, Inc. (NASDAQ:AEIS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Advanced Energy Industries, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 383.33% to $0.29 in the quarter versus EPS of $0.06 in the year-earlier quarter.

Revenue: Rose 5.87% to $112 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Advanced Energy Industries, Inc. reported adjusted EPS income of $0.29 per share. By that measure, the company beat the mean analyst estimate of $0.17. It beat the average revenue estimate of $110.64 million.

Quoting Management: “We began 2013 with a sound first quarter,” said Garry Rogerson, CEO. “Having successfully established a highly efficient global distribution model, with localized R&D and streamlined manufacturing, we have laid the foundation for future growth. The recent acquisition of REFUsol positions our Solar Energy business for significant growth over the next two years by enhancing our product line, applications and geographic reach. While we expect this acquisition to be accretive in the next 12 months, we anticipate it to negatively impact earnings over the next 6 months. Together with the improving outlook for our Thin Films business, we are poised to achieve our aspirational goals.”

Key Stats (on next page)…

Revenue decreased 0.86% from $112.97 million in the previous quarter. EPS increased 81.25% from $0.16 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.20 to a profit $0.19. For the current year, the average estimate has moved up from a profit of $0.94 to a profit of $1.04 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]