Aspen Aerogels Inc expected to post a loss of 30 cents a share - Earnings Preview

Aspen Aerogels

21/10/2023 24:27

* Aspen Aerogels Inc  ASPN.N   ASPN.K  is expected to show a
rise
in quarterly revenue when it reports  results on November 1. 
    * The Northborough Massachusetts-based  company is expected
to
report  a 38.4% increase in revenue to $50.799 million from
$36.71 million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Aspen Aerogels Inc
is for
a loss of 30 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 $23​, above​ its last closing price of $6.90. ​​​

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  -0.35       -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. 30 2022  -0.57       -0.57      -0.75     Missed  -31.7
 ​​Jun.        -0.61       -0.57      -0.68     Missed  -18.4
 30 2022                                                
 Mar. 31 2022  -0.49       -0.48      -0.59     Missed  -23.2​
 Dec. 31 2021  -0.29       -0.29      -0.50     Missed  -72.4
 Sep. 30 2021  -0.25       -0.25      -0.36     Missed  -42.2
 This summary was machine generated October 20 at 23:27 GMT.  All
figures in US dollars  unless otherwise stated