Aspen Aerogels Sees FY24 EPS $0.03 Vs $(0.22) Est.; Revenue >$380M Vs $362.024M Est.
Portfolio Pulse from Benzinga Newsdesk
Aspen Aerogels projects its FY24 EPS to be $0.03, surpassing the estimated $(0.22), with revenue expectations exceeding $380M against an estimate of $362.024M.
May 01, 2024 | 9:27 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Aspen Aerogels expects FY24 EPS of $0.03, outperforming the $(0.22) estimate, with anticipated revenues greater than $380M, exceeding the $362.024M forecast.
The positive forecast for both EPS and revenue significantly surpasses market expectations, indicating strong future performance and potential growth. This is likely to positively influence investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100