American Superconductor Corp expected to post earnings of 7 cents a share - Earnings Preview

Reuters
02-04
American Superconductor Corp <amsc.oq> expected to post earnings of 7 cents a share - Earnings Preview </amsc.oq>
  • American Superconductor Corp AMSC.OQ AMSC.O is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

  • The Devens Massachusetts-based company is expected to report a 44.0% increase in revenue to $56.667 million from $39.35 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on October 30 2024, for the period ended December 31, was for revenue between $55.00 million and $60.00 million.

  • ​LSEG's mean analyst estimate for American Superconductor Corp is for earnings of 7 cents per share. The company's EPS guidance on October 30 2024, for the period ended December 31, was may exceed USD0.05

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for American Superconductor Corp is $33.00​, above​ its last closing price of $26.27. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.04

0.04

0.27

Beat

523.1

Jun. 30 2024

0.01

0.01

0.08

Beat

700

Mar. 31 2024

-0.02

0.05

Beat

399.9​

Dec. 31 2023

-0.06

-0.06

0.03

Beat

152.9

​​Sep. 30 2023

-0.08

-0.09

0.00

Beat

100

Jun. 30 2023

-0.17

-0.16

-0.08

Beat

51.5​

Mar. 31 2023

-0.21

-0.20

-0.28

Missed

-41.8

Dec. 31 2022

-0.25

-0.25

-0.27

Missed

-9.1

This summary was machine generated February 3 at 21:08 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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