Aspen Aerogels (NYSE:ASPN) reported its Q4 earnings results on Thursday, February 17, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Aspen Aerogels missed estimated earnings by 72.41%, reporting an EPS of $-0.5 versus an estimate of $-0.29.
Revenue was up $8.46 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09, which was followed by a 17.83% increase in the share price the next day.
Here's a look at Aspen Aerogels's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.26 | -0.26 | -0.20 | -0.15 |
| EPS Actual | -0.35 | -0.23 | -0.22 | -0.23 |
| Revenue Estimate | 27.55M | 26.10M | 23.82M | 26.75M |
| Revenue Actual | 30.38M | 31.67M | 28.10M | 23.02M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Aspen Aerogels management provided guidance for their next quarter, expecting earnings between $-2.07 and $-1.95 per share for the next quarter.
This represents a -302.0% in quarter-over-quarter growth for Aspen Aerogels, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
