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Advanced Energy Industries (AEIS) Beats Q3 Earnings and Revenue Estimates

Advanced Energy Industries (AEIS) came out with quarterly earnings of 1.74pershare,beatingtheZacksConsensusEstimateof1.74 per share, beating the Zacks Consensus Estimate of 1.47 per share. This compares to earnings of 0.98pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+18.370.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.37%. A quarter ago, it was expected that this maker of power-conversion products would post earnings of 1.28 per share when it actually produced earnings of $1.5, delivering a surprise of +17.19%.Ov ...