Aspen Aerogels Inc expected to post a loss of 11 cents a share - Earnings Preview

Aspen Aerogels

29/04/2024 22:24

* Aspen Aerogels Inc  ASPN.N   ASPN.K  is expected to show a
rise
in quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Northborough Massachusetts-based  company is expected
to
report a 64.5% increase in revenue to $75.004 million from
$45.59 million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Aspen Aerogels Inc is
for a
loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 Aspen
Aerogels
Inc is $20.00​, above​ its last closing price of $16.67. ​​​

This summary was machine generated April 29 at 21:24 GMT.  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)