Aspen Aerogels Inc reports results for the quarter ended in December - Earnings Summary

Aspen Aerogels

15/02/2023 23:43

* Aspen Aerogels Inc  ASPN.N  reported a quarterly adjusted
loss
of 20 cents​​ per share for the quarter ended in December. The
mean expectation of eight analysts for the quarter was for a
loss of 30 cents per share.
    * Revenue rose 89.4% to $59.61 million from a year ago;
analysts
expected $57.45 million. 
    * Aspen Aerogels Inc's reported EPS for the quarter was a
loss
of 20 cents​.
    * The mean earnings estimate of analysts had risen by
about 12.5%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Aspen Aerogels Inc shares had fallen by 7.0% this quarter.
    * The company reported a quarterly loss of $9.61 million.
    * Wall Street's median 12-month price target for Aspen
Aerogels
Inc is $26.00 
    * 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." 

This summary was machine generated from Refinitiv data February
15 at 11:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.30          -0.20          Beat
 Sep. 30 2022      -0.57          -0.75          Missed
 Jun. 30 2022      -0.57          -0.68          Missed
 Mar. 31 2022      -0.48          -0.59          Missed