Aspen Technology (AZPN) Lags Q1 Earnings and Revenue Estimates
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Aspen Technology (AZPN) reported Q1 earnings of $0.85 per share, missing the Zacks Consensus Estimate of $1.51 per share, and down from $1.16 per share a year ago.
November 05, 2024 | 12:30 pm
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Aspen Technology reported Q1 earnings of $0.85 per share, missing the Zacks Consensus Estimate of $1.51 and down from $1.16 a year ago.
The significant miss on earnings per share compared to estimates and the decline from the previous year's earnings suggest potential negative sentiment and pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100