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The Shyft Group Q2 2024 Earnings Report

The Shyft Group logo
$11.45 +0.05 (+0.44%)
(As of 12/20/2024 05:16 PM ET)

The Shyft Group EPS Results

Actual EPS
$0.16
Consensus EPS
$0.07
Beat/Miss
Beat by +$0.09
One Year Ago EPS
$0.22

The Shyft Group Revenue Results

Actual Revenue
$192.80 million
Expected Revenue
$201.49 million
Beat/Miss
Missed by -$8.69 million
YoY Revenue Growth
-14.30%

The Shyft Group Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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The Shyft Group Earnings Headlines

Roth Mkm Reaffirms Buy Rating for The Shyft Group (NASDAQ:SHYF)
SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating The Shyft Group Buyout
Most People Are Dead Wrong.
Turn on any financial news outlet at any given moment and within minutes you're guaranteed to see headlines about artificial intelligence. Everyone's talking about AI right now. But see, I've been talking about it for years.
DA Davidson Downgrades Shyft Group (SHYF)
The Shyft Group's (SHYF) Neutral Rating Reaffirmed at DA Davidson
Shyft Shares Fall 8% After Aebi Schmidt Merger Deal
See More The Shyft Group Headlines
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About The Shyft Group

The Shyft Group (NASDAQ:SHYF) engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.

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