* American Superconductor Corp AMSC.OQ reported quarterly
adjusted earnings of 16 cents per share for the quarter ended
December 31, higher than the same quarter last year, when the
company reported EPS of 3 cents. The mean expectation of
three analysts for the quarter was for earnings of 7 cents per
share. Wall Street expected results to range from 6 cents to 7
cents per share.
* Revenue rose 56% to $61.40 million from a year ago;
analysts
expected $56.67 million.
* American Superconductor Corp's reported EPS for the
quarter was
6 cents.
* The company reported quarterly net income of $2.47
million.
* American Superconductor Corp shares had risen by 2.8% this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* 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 average consensus recommendation for the electrical
components & equipment peer group is also "buy"
Wall Street's median 12-month price target for American
Superconductor Corp is $33.00
This summary was machine generated from LSEG data February 5 at
10:49 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 0.07 0.16 Beat
Sep. 30 2024 0.04 0.27 Beat
Jun. 30 2024 0.01 0.08 Beat
Mar. 31 2024 -0.02 0.05 Beat