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

Aspen Aerogels

03/05/2023 23:31

* Aspen Aerogels Inc  ASPN.N  reported a quarterly adjusted
loss
of 24 cents​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for a loss
of 40 cents per share.
    * Revenue rose 18.7% to $45.59 million from a year ago;
analysts
expected $45.14 million. 
    * Aspen Aerogels Inc's reported EPS for the quarter was a
loss
of 24 cents​.
    * The mean earnings estimate of analysts had fallen by
about 33.6%
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 fallen by 18.9% this
quarter and
lost 48.8% so far this year.
    * The company reported a quarterly loss of $16.8 million.
    * Wall Street's median 12-month price target for Aspen
Aerogels
Inc is $23.50 
    * 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 May
3 at 10:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.40          -0.24          Beat
 Dec. 31 2022      -0.30          -0.20          Beat
 Sep. 30 2022      -0.57          -0.75          Missed
 Jun. 30 2022      -0.57          -0.68          Missed