The Shyft Group: Q2 Earnings Snapshot

NOVI, Mich. (AP) _ The Shyft Group, Inc. (SHYF) on Thursday reported second-quarter net income of $5.3 million. On a per-share basis, the Novi, Mic...

August 4, 2022
8:22 PM

NOVI, Mich. (AP) _ The Shyft Group, Inc. (SHYF) on Thursday reported second-quarter net income of $5.3 million. On a per-share basis, the Novi, Michigan-based company said it had net income of 15 cents. Earnings, adjusted for one-time gains and costs, were 21 cents per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share. The maker of chassis for Last Mile Delivery, RVs and other vehicles posted revenue of $232.

Danielle Abril