American Superconductor (NASDAQ:AMSC - Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, October 30th. Analysts expect American Superconductor to post earnings of $0.04 per share for the quarter. American Superconductor has set its Q2 guidance at $0.00 EPS and its Q2 2024 guidance at 0.000- EPS.Parties that wish to register for the company's conference call can do so using this link.
American Superconductor (NASDAQ:AMSC - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.09. American Superconductor had a negative net margin of 5.29% and a positive return on equity of 1.15%. The company had revenue of $40.29 million for the quarter, compared to the consensus estimate of $39.55 million. On average, analysts expect American Superconductor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
American Superconductor Trading Up 1.3 %
Shares of NASDAQ:AMSC traded up $0.29 during trading on Friday, reaching $22.93. 536,465 shares of the stock were exchanged, compared to its average volume of 986,848. The stock has a 50-day moving average price of $21.98 and a 200-day moving average price of $20.61. The firm has a market cap of $848.36 million, a PE ratio of -58.79 and a beta of 2.14. American Superconductor has a 12 month low of $6.05 and a 12 month high of $32.70.
Analyst Ratings Changes
A number of research firms recently commented on AMSC. Craig Hallum reaffirmed a "buy" rating and issued a $33.00 price objective on shares of American Superconductor in a research note on Tuesday, September 10th. Roth Mkm reissued a "buy" rating and issued a $29.00 price target on shares of American Superconductor in a report on Monday, September 30th.
Get Our Latest Stock Analysis on AMSC
About American Superconductor
(
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American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.
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