Aspen Aerogels Inc expected to post a loss of 12 cents a share - Earnings Preview

Aspen Aerogels

09/02/2024 22:13

* Aspen Aerogels Inc  ASPN.N   ASPN.K  is expected to show a
rise
in quarterly revenue when it reports  results on February 12 for
the period ending December 31 2023
    * The Northborough Massachusetts-based  company is expected
to
report a 35.6% increase in revenue to $80.859 million from
$59.61 million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on November
2 2023, for the period ended December 31, was for revenue of
$70.000 million.
    * ​LSEG's mean analyst estimate for Aspen Aerogels Inc is
for a
loss of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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 $11.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.26       -0.27      -0.19     Beat    30
 Jun. 30 2023  -0.35       -0.36      -0.22     Beat    39.4
 Mar. 31 2023  -0.39       -0.40      -0.24     Beat    39.3​
 Dec. 31 2022  -0.29       -0.30      -0.20     Beat    32.7
 ​​Sep.        -0.57       -0.57      -0.75     Missed  -31.7
 30 2022                                                
 Jun. 30 2022  -0.61       -0.57      -0.68     Missed  -18.4​
 Mar. 31 2022  -0.49       -0.48      -0.59     Missed  -23.2
 Dec. 31 2021  -0.29       -0.29      -0.50     Missed  -72.4
 This summary was machine generated February 9 at 22:13 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)