Advanced Energy Announces Third Quarter 2018 Results
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Advanced Energy Industries (AEIS) PT Lowered to $45 at Susquehanna
October 30, 2018 11:16 AM EDTSusquehanna analyst Mehdi Hosseini lowered the price target on Advanced Energy Industries (NASDAQ: AEIS) to $45.00 (from $70.00) while maintaining a Neutral rating following results.
While executing well, AE does not necessarily see a quick snap back in order patterns from its largest Semi Cap OEM customers, Hossein notes.
... MoreAdvanced Energy Industries (AEIS) Tops Q3 EPS by 5c; Guides Q4 Below
October 29, 2018 4:14 PM EDTAdvanced Energy Industries (NASDAQ: AEIS) reported Q3 EPS of $1.05, $0.05 better than the analyst estimate of $1.00. Revenue for the quarter came in at $173.1 million versus the consensus estimate of $166.4 million.
GUIDANCE:
Advanced Energy Industries sees Q4 2018 EPS of $0.70-$0.80, versus the... More
