The Shyft Group Posts Strong First Quarter Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/27/2026

1. ORCL
2. ANT
3. META
4. SPY
5. CART
6. GMAB
7. FFAI
8. INTC
9. TSLA
10. FFR

Go back to The Shyft Group Posts Strong First Quarter Results

The Shyft Group (SHYF) Tops Q1 EPS by 3c, Revenues Beat; Offers FY21 EPS/Revenues Guidance

May 6, 2021 7:32 AM EDT

The Shyft Group (NASDAQ: SHYF) reported Q1 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $197.9 million versus the consensus estimate of $192.66 million.

For the first quarter of 2021 compared to the first quarter of 2020:

Sales of $197.9 million, an increase of $21.0 million, or 11.8%, from $176.9 million. Income from continuing operations of $11.5 million, or $0.32 per share, compared to $11.7 million, or $0.33 per share. Prior year results include a $2.6 million, or $0.08 per share, income tax gain. Excluding this tax gain, income from continuing operations increased 26.3%. Adjusted EBITDA of $19.2... More