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

Aspen Aerogels

27/10/2022 01:12

* Aspen Aerogels Inc  ASPN.N  reported a quarterly adjusted
loss
of 75 cents​​ per share for the quarter ended in September. The
mean expectation of nine analysts for the quarter was for a loss
of 57 cents per share.
    * Revenue rose 20.8% to $36.71 million from a year ago;
analysts
expected $50.01 million. 
    * Aspen Aerogels Inc's reported EPS for the quarter was a
loss
of 75 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.7%
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 15.6% this
quarter and
lost 78.6% so far this year.
    * The company reported a quarterly loss of $29.6 million.
    * Wall Street's median 12-month price target for Aspen
Aerogels
Inc is $33.50 
    * 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 October
27 at 12:12 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.57          -0.75          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