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The Shyft Group: Q3 Earnings Snapshot

By AP News
Published

NOVI, Mich. (AP) — NOVI, Mich. (AP) — The Shyft Group, Inc. (SHYF) on Thursday reported net income of $4.5 million in its third quarter.

The Novi, Michigan-based company said it had profit of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 19 cents per share.

The maker of chassis for Last Mile Delivery, RVs and other vehicles posted revenue of $201.3 million in the period.

The Shyft Group expects full-year earnings in the range of 42 cents to 56 cents per share, with revenue in the range of $850 million to $900 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHYF at https://www.zacks.com/ap/SHYF

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