Investors might want to bet on American Superconductor (AMSC) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since ...

Shares of American Superconductor (AMSC) have been strong performers lately, with the stock up 55.4% over the past month. The stock hit a new 52-week high of $21.19 in the previous session. American Superconductor has gained 88.8% since the start of the year compared to the 16.9% move for the Zacks Computer and Technology sector and the 4.7% return for the Zacks Electronics - Miscellaneous Components industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Our " ...

American Superconductor Corporation (NASDAQ:AMSC) Q4 2023 Earnings Conference Call May 30, 2024 10:00 AM ET Company Participants John Kosiba - CFO, SVP & Treasurer Daniel McGahn - Chairman, President & CEO John Heilshorn - IR, LHA Conference Call Participants Eric Stine - Craig-Hallum Colin Rusch - Oppenheimer Justin Clare - ROTH MKM Partners Operator Good morning, and welcome to the AMSC Fourth Quarter Fiscal 2023 Financial Results Conference Call. All participants will be in listen-only mode. [Operator In ...

American Superconductor (AMSC) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 266.67%. A quarter ago, it was expected that this wind turbine component maker would post a loss of $0.07 per share when it actually produced earnings of $0.03, delivering a surprise of 142.86%.Over t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission file number 000-19672 | --- | --- | |----------------------------------------------------------------------------------------------------------|------------------- ...

Exhibit 99.1 AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook Business Highlights: • Full year revenues increased over 37% year over year to $145.6 million • Full year gross margin expansion of 1,620 basis points over the prior year • Generated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET Ayer, MA – May 29, 2024 – AMSC (Nasdaq: AMSC), a leading system provid ...

Business Highlights: Full year revenues increased over 37% year over year to $145.6 millionFull year gross margin expansion of 1,620 basis points over the prior yearGenerated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET AYER, Mass., May 29, 2024 (GLOBE NEWSWIRE) -- AMSC (NASDAQ:AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on ...

Business Highlights: Full year revenues increased over 37% year over year to $145.6 millionFull year gross margin expansion of 1,620 basis points over the prior yearGenerated $2.1 million of operating cash flow, helping to further strengthen the balance sheet Company to host conference call tomorrow, May 30 at 10:00 am ET AYER, Mass., May 29, 2024 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power o ...

Will tariffs and AI give clean energy a boost?It was a great week for U.S. clean energy stocks after the Biden administration announced new protections against foreign competition across energy products.According to data provided by S&P Global Market Intelligence, Bloom Energy (BE 4.58%) was up as much as 27.7% this week, and American Superconductor (AMSC 5.96%) jumped 12.9%. The two stocks are up 27.5% and 12%, respectively, at 3 p.m. ET on Friday. Protections won't be great for every company though, and t ...