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

Aspen Aerogels

28/07/2022 01:51

* Aspen Aerogels Inc  ASPN.N  reported a quarterly adjusted
loss
of 68 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 57 cents per share.
    * Revenue rose 44.1% to $45.64 million from a year ago;
analysts
expected $38.82 million. 
    * Aspen Aerogels Inc's reported EPS for the quarter was a
loss
of 68 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.7%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Aspen Aerogels Inc shares had risen by 2.4% this
quarter and
lost 79.7% so far this year.
    * The company reported a quarterly loss of $24.05 million.
    * Wall Street's median 12-month price target for Aspen
Aerogels
Inc is $36.00 
    * 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." 

This summary was machine generated from Refinitiv data July 28
at 12:51 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.57          -0.68          Missed
 Mar. 31 2022      -0.48          -0.59          Missed
 Dec. 31 2021      -0.29          -0.50          Missed
 Sep. 30 2021      -0.25          -0.36          Missed