Earnings Outlook For American Superconductor
Portfolio Pulse from Benzinga Insights
American Superconductor (NASDAQ:AMSC) is set to announce its quarterly earnings on October 30, 2024. Analysts expect an EPS of $0.04. Despite a previous EPS beat, the stock dropped 9.13% the next day. Shares are up 274.69% over the past year, with a consensus 'Buy' rating and a price target of $30.33, indicating a 25.23% upside. AMSC shows strong revenue growth but lags in profitability metrics compared to peers.
October 29, 2024 | 8:04 pm
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American Superconductor is expected to announce its quarterly earnings with an EPS of $0.04. Despite a previous EPS beat, the stock experienced a significant drop. The stock has risen 274.69% over the past year, with a 'Buy' rating and a price target suggesting a 25.23% upside.
The upcoming earnings announcement is crucial for AMSC, with analysts expecting an EPS of $0.04. The stock's past performance shows volatility post-earnings, as seen with a 9.13% drop despite an EPS beat. The stock's significant rise over the past year and a 'Buy' rating with a price target indicating further upside suggest mixed short-term impacts. Investors will be keen on the earnings results and guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100