American Superconductor Corp reports results for the quarter ended in June - Earnings Summary

American Superconductor

10/08/2023 02:22

* American Superconductor Corp  AMSC.OQ  reported a
quarterly
adjusted loss of 8 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 16 cents per share.
    * Revenue rose 33.4% to $30.25 million from a year ago;
analysts
expected $27.75 million. 
    * American Superconductor Corp's reported EPS for the
quarter was
a loss of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 22.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * American Superconductor Corp shares had risen by 39.0%
this
quarter and gained 136.4% so far this year.
    * The company reported a quarterly loss of $5.4 million.
    * Wall Street's median 12-month price target for American
Superconductor Corp is $9.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:22 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.16          -0.08          Beat
 Mar. 31 2023      -0.20          -0.28          Missed
 Dec. 31 2022      -0.25          -0.27          Missed
 Sep. 30 2022      -0.22          -0.23          Missed