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

Aspen Aerogels

02/08/2023 23:39

* Aspen Aerogels Inc  ASPN.N  reported a quarterly adjusted
loss
of 22 cents​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for a loss
of 36 cents per share.
    * Revenue rose 5.5% to $48.16 million from a year ago;
analysts
expected $48.81 million. 
    * Aspen Aerogels Inc's reported EPS for the quarter was a
loss
of 22 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Aspen Aerogels Inc shares had risen by 3.7% this
quarter and
lost 30.6% so far this year.
    * The company reported a quarterly loss of $15.42 million.
    * Wall Street's median 12-month price target for Aspen
Aerogels
Inc is $23.00 
    * 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 LSEG Refinitiv data
August 2 at 10:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.36          -0.22          Beat
 Mar. 31 2023      -0.40          -0.24          Beat
 Dec. 31 2022      -0.30          -0.20          Beat
 Sep. 30 2022      -0.57          -0.75          Missed