American Superconductor Corp expected to post a loss of 22 cents a share - Earnings Preview

American Superconductor

29/10/2022 03:03

* American Superconductor Corp  AMSC.OQ   AMSC.O  is
expected
to show a fall in quarterly revenue when it reports  results on
November 1. 
    * The Devens Massachusetts-based  company is expected to
report  a
10.0% decrease in revenue to $25.12 million from $27.91 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on August 4
2022, for the period ended September 30, was for revenue between
$23.00 million and $27.00 million.
    * ​Refinitiv's mean analyst estimate for American
Superconductor
Corp is for a loss of 22 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 $13​, above​ its last closing price
of $4.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.24       -0.24      -0.25     Missed  -5.3
 Mar. 31 2022  -0.16       -0.16      -0.17     Missed  -3
 Dec. 31 2021  -0.17       -0.17      -0.17     Met     2.9​
 Sep. 30 2021  -0.16       -0.16      -0.19     Missed  -21.3
 ​​Jun.        -0.16       -0.16      -0.10     Beat    38.8
 30 2021                                                
 Mar. 31 2021  -0.21       -0.21      -0.21     Met     0​
 Dec. 31 2020  -0.13       -0.13      -0.13     Met     -2
 Sep. 30 2020  -0.18       -0.18      -0.13     Beat    29.7
 This summary was machine generated October 29 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated