Shyft Group Beats Q1 Estimates, Raises Guidance

The Shyft Group reported first quarter 2025 results with revenue rising 3% year-over-year to $204.6 million and EPS of $0.07, surpassing analyst expectations. The company achieved significant EBITDA margin expansion and saw positive contributions from its Blue Arc electric vehicle division, though its Fleet Vehicles and Services segment experienced revenue declines offset by improved margins. Shyft’s backlog increased to $335 million, signaling ongoing demand, and management reaffirmed full-year revenue guidance between $870 million and $970 million, with EPS guidance at $0.69 to $0.92. Despite operational improvements and innovation in electric vehicles, the stock is down over 35% year-on-year and recent EPS revisions have been mostly negative. Shyft's financial health is currently rated as 'weak performance.' Management remains focused on operational efficiency and innovation to navigate the commercial vehicle market.