Aspen Aerogels Inc expected to post a loss of 8 cents a share - Earnings Preview

Aspen Aerogels

04/11/2024 22:55

* Aspen Aerogels Inc  ASPN.N   ASPN.K  is expected to show a
rise
in quarterly revenue when it reports  results on November 6 for
the period ending September 30 2024
    * The Northborough Massachusetts-based  company is expected
to
report a 80.0% increase in revenue to $109.361 million from
$60.76 million a year ago, according to the mean estimate from
11 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Aspen Aerogels Inc is
for a
loss of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Aspen
Aerogels
Inc is $33.00​, above​ its last closing price of $18.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.04        0.05       0.21      Beat    336.6
 Mar. 31 2024  -0.11       -0.11      -0.02     Beat    82.5
 Dec. 31 2023  -0.11       -0.12      -0.01     Beat    91.4​
 Sep. 30 2023  -0.26       -0.27      -0.19     Beat    30
 ​​Jun.        -0.35       -0.36      -0.22     Beat    39.4
 30 2023                                                
 Mar. 31 2023  -0.39       -0.40      -0.24     Beat    39.3​
 Jan. 1 0001   -0.29       -0.30      -0.20     Beat    32.7
 Sep. 30 2022  -0.57       -0.57      -0.75     Missed  -31.7
 This summary was machine generated November 4 at 22:55 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)