Aspen Aerogels (ASPN) Set to Announce Earnings on Thursday

Aspen Aerogels (NYSE:ASPN) will post its quarterly earnings results on Thursday, May 3rd. Analysts expect Aspen Aerogels to post earnings of ($0.28) per share for the quarter.

Aspen Aerogels (NYSE:ASPN) last posted its quarterly earnings results on Thursday, February 22nd. The construction company reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.09) by $0.02. The firm had revenue of $36.36 million for the quarter, compared to the consensus estimate of $31.73 million. Aspen Aerogels had a negative net margin of 17.31% and a negative return on equity of 18.70%. On average, analysts expect Aspen Aerogels to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

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ASPN stock opened at $4.45 on Thursday. The company has a market cap of $105.21, a price-to-earnings ratio of -5.36 and a beta of 1.14. Aspen Aerogels has a one year low of $3.95 and a one year high of $5.58.

Separately, Zacks Investment Research downgraded shares of Aspen Aerogels from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd.

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Aspen Aerogels Company Profile

Aspen Aerogels, Inc, an aerogel technology company, designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets worldwide. The company provides Pyrogel XT-E that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market with operating temperatures greater than 400 C; Pyrogel XTF to provide strong protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production.

Earnings History for Aspen Aerogels (NYSE:ASPN)

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