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Shyft Group Inc   (SHYF)
 

Very balanced rise for SHYF in the most recent fiscal period

Shyft Group Inc recorded fourth quarter of 2022 operating surplus of $23.35 millions


Published Mar 24 2023
CSIMarket Team / CSIMarket.com


Kansas_City_Assembly_By_Ford_Motor_Co_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons SHYF announced earnings per share of $0.50 and Revenue of $286.08 millions in the fiscal three months ending December 31 2022, Shyft Group Inc s' income fell $0.50 per share, versus $0.57 eps, earned in the comparable three months a year ago, although the Auto & Truck Manufacturers company saw its Revenue rise by 8.911 % in the comparable period.

In contrast to the Q3 Revenues grew by 5.571 % from $286.08 millions and income improved by 2.42 % from $0.49 per share.


Net income of $17.841 millions in the financial time-frame closing December 31 2022 fell by -13.36 % from $20.592 millions in the corresponding period a year before. Shyft Group Inc shifted it's focus on improving sales in the financial time-frame closing December 31 2022, as a result net margin eased to 5.91%.
Operating earnings, however, rose 22.57% to $23.35 millions. Analysts also pointed out, that within the operating results for the fiscal year 2022, SHYF announced Revenues of $1.03 billions and net income of $36.56 millions.

Auto & Truck Manufacturers company explained also, that Income per share faded by -46.07 % to $1.03 per share from $1.91 in the previous fiscal year , and contributedRevenues increased by 3.57 % from $991.79 millions a year ago.

Shyft Group Inc is expected to report next financial earnings on April 27, 2023.



Shyft Group Inc's Price to earnings ratio PE

Shyft Group Inc's Dividend Growth



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