American Superconductor Corp expected to post a loss of 20 cents a share - Earnings Preview

American Superconductor

31/05/2023 11:15

* American Superconductor Corp  AMSC.OQ   AMSC.O  is
expected
to show a fall in quarterly revenue when it reports  results on
May 31. 
    * The Devens Massachusetts-based  company is expected to
report  a
0.2% decrease in revenue to $28.25 million from $28.31 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. The company's guidance on February 1 2023,
for the period ended March 31, was for revenue between $27.00
million and $30.00 million.
    * ​Refinitiv's mean analyst estimate for American
Superconductor
Corp is for a loss of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for American
Superconductor Corp is $10​, above​ its last closing price
of $4.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.25       -0.25      -0.27     Missed  -9.1
 Sep. 30 2022  -0.23       -0.22      -0.23     Missed  -5.7
 Jun. 30 2022  -0.24       -0.24      -0.25     Missed  -5.3​
 Mar. 31 2022  -0.16       -0.16      -0.17     Missed  -3
 ​​Dec.        -0.17       -0.17      -0.17     Met     2.9
 31 2021                                                
 Sep. 30 2021  -0.16       -0.16      -0.19     Missed  -21.3​
 Jun. 30 2021  -0.16       -0.16      -0.10     Beat    38.8
 Mar. 31 2021  -0.21       -0.21      -0.21     Met     0
 This summary was machine generated May 31 at 10:14 GMT.  All
figures in US dollars  unless otherwise stated