Allient (ALNT) Reports Q4: Everything You Need To Know Ahead Of Earnings

Precision motion systems specialist Allient (NASDAQ:ALNT) will be reporting earnings tomorrow afternoon. Here’s what investors should know.

Allient beat analysts’ revenue expectations last quarter, reporting revenues of $138.7 million, up 10.8% year on year. It was a stunning quarter for the company, with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ revenue estimates.

Is Allient a buy or sell going into earnings?

This quarter, the market is expecting Allient’s revenue to grow 9.3% year on year, a reversal from the 13.5% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Allient rarely misses Wall Street’s revenue estimates.

Looking at Allient’s peers in the electronic components segment, some have already reported their Q4 results, giving us a hint as to what we can expect. nLIGHT delivered year-on-year revenue growth of 71.3%, beating analysts’ expectations by 5.9%, and Bel Fuse reported revenues up 17.4%, topping estimates by 1.5%. nLIGHT traded down 10.8% following the results while Bel Fuse was also down 4.3%.

Investors in the electronic components segment have had steady hands going into earnings, with share prices up 1.1% on average over the last month. Allient is down 2.9% during the same time and is heading into earnings with an average analyst price target of $58.50 (compared to the current share price of $62.12).

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