Earnings Preview: Aspen Aerogels
Portfolio Pulse from Benzinga Insights
Aspen Aerogels (NYSE:ASPN) is scheduled to release its quarterly earnings report on February 12, 2024, with an expected EPS of $-0.12. Historically, the company has surpassed EPS estimates, leading to significant share price increases. Shares are currently trading at $11.84, reflecting an 11.71% increase over the last year. Investors are optimistic, particularly looking for positive guidance for future growth.
February 09, 2024 | 3:00 pm
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POSITIVE IMPACT
Aspen Aerogels is expected to report an EPS of $-0.12 for the upcoming quarter, with historical performance showing positive reactions to earnings beats and guidance.
Given Aspen Aerogels' history of surpassing EPS estimates and the subsequent positive impact on its share price, there is a strong likelihood of a positive short-term impact if the company beats the EPS estimate again and provides optimistic future guidance. The stock's recent performance and the historical reaction to earnings reports suggest investor confidence, which could be further bolstered by a strong earnings report.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100