The Shyft Group, Inc. Provides Earnings Guidance for the Full Year 2022
July 28, 2022 at 12:30 pm
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The Shyft Group, Inc. provided earnings guidance for the full year 2022. For the year, the company expected revenue to be in the range of $925 million to $1.1 billion and Income from continuing operations of $21 to $41 million. the expected earnings per share of $0.59 to $1.15.
The Shyft Group, Inc. is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle, including last-mile delivery, specialty service and vocation-specific upfit segments and recreational vehicle industries. The Companyâs segments include Fleet Vehicles and Services (FVS) and Specialty Vehicles (SV). The FVS segment manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trade and construction industries. The Specialty Vehicles segment includes a portfolio of business that provides service bodies, RV chassis, vocational upfit and contract manufacturing products and services. Its products include walk-in vans, truck bodies, and cargo van and pick-up truck upfits used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, and luxury Class A diesel motorhome custom chassis and contract manufacturing and assembly services.
THE SHYFT GROUP, INC. 
