American Superconductor Corp expected to post a loss of 9 cents a share - Earnings Preview

American Superconductor

27/10/2023 14:35

* American Superconductor Corp  AMSC.OQ   AMSC.O  is
expected
to show a rise in quarterly revenue when it reports  results 
    * The Devens Massachusetts-based  company is expected to
report  a
9.8% increase in revenue to $30.4 million from $27.68 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. The company's guidance on August 9 2023, for
the period ended September 30, was for revenue between $29.00
million and $32.00 million.
    * ​Refinitiv's mean analyst estimate for American
Superconductor
Corp is for a loss of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $12​, above​ its last closing price
of $6.22. ​​​

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 2023  -0.17       -0.16      -0.08     Beat    51.5
 Mar. 31 2023  -0.21       -0.20      -0.28     Missed  -41.8
 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.        -0.24       -0.24      -0.25     Missed  -5.3
 30 2022                                                
 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
 This summary was machine generated October 27 at 13:35 GMT.  All
figures in US dollars  unless otherwise stated