Aspen Aerogels (NYSE:ASPN) issued an update on its FY 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-0.61–0.53 for the period, compared to the Thomson Reuters consensus estimate of $-0.5. The company issued revenue guidance of $126-134 million, compared to the consensus revenue estimate of $125.8 million.
ASPN stock traded up $0.06 during midday trading on Thursday, reaching $3.60. 78,300 shares of the company’s stock traded hands, compared to its average volume of 65,240. Aspen Aerogels has a 52 week low of $1.60 and a 52 week high of $5.32. The stock has a market capitalization of $84.38 million, a price-to-earnings ratio of -4.34 and a beta of 1.92.
ILLEGAL ACTIVITY WARNING: This piece was reported by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.thelincolnianonline.com/2019/02/22/aspen-aerogels-aspn-releases-fy-2019-earnings-guidance.html.
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.
Receive News & Ratings for Aspen Aerogels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aspen Aerogels and related companies with MarketBeat.com's FREE daily email newsletter.