Investors are always looking for stocks that are poised to beat at earnings season and Aspen Aerogels, Inc. (ASPN) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Aspen Aerogels is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a prett ...

Core Viewpoint - Aspen Aerogels (ASPN) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the earnings report expected on February 12, 2024 [1][2]. Financial Expectations - The consensus estimate predicts a quarterly loss of $0.12 per share, reflecting a year-over-year improvement of +40% [2]. - Revenues are projected to reach $83.82 million, marking a 40.6% increase compared to the same quarter last year [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 80% over the last 30 days, indicating a significant reassessment by analysts [2]. - The Most Accurate Estimate for Aspen Aerogels is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +4.35% [5]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4]. - Aspen Aerogels currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [5][6]. Historical Performance - In the last reported quarter, Aspen Aerogels was expected to post a loss of $0.29 per share but actually reported a loss of $0.19, resulting in a surprise of +34.48% [7]. - The company has successfully beaten consensus EPS estimates in all of the last four quarters [7]. Industry Comparison - Masco (MAS), another player in the building products industry, is expected to report earnings of $0.66 per share, reflecting a year-over-year change of +1.5%, with revenues expected to decline by 7.7% to $1.77 billion [9]. - Masco's consensus EPS estimate has been revised 0.6% higher, but its Earnings ESP is -1.25%, combined with a Zacks Rank of 4, indicating challenges in predicting an earnings beat [9].

Group 1 - Aspen Aerogels, Inc. is scheduled to present at Wolfe Research's Global Auto and Auto Tech Conference on February 15, 2024, in New York, NY [1] - The presentation materials will be available on the Investor Relations section of Aspen's website [1] - Donald R. Young, President & CEO, and Ricardo C. Rodriguez, CFO & Treasurer, will host one-on-one and small group meetings with investors during the conference [1] Group 2 - The conference will include an EV Adoption Panel featuring Mr. Rodriguez, scheduled for 2:50 p.m. - 3:35 p.m. ET [2] - A live webcast of the panel will be accessible on Aspen's website and available for 30 days [2] Group 3 - Aspen Aerogels is a technology leader in sustainability and electrification solutions, focusing on resource efficiency, e-mobility, and clean energy [3] - The company's PyroThin® products address thermal runaway challenges in the electric vehicle market [3] - Aspen's carbon aerogel initiative, Aspen Battery Materials, aims to enhance lithium-ion battery performance for EV manufacturers [3] - Aspen's Spaceloft® products provide energy efficiency and fire safety for building owners [3] - The company's Cryogel® and Pyrogel® products are utilized by major energy infrastructure companies [3] - Aspen's strategy involves partnering with industry leaders to expand its Aerogel Technology Platform into high-value markets [3]

Group 1 - The company Aspen Aerogels, Inc. will discuss its financial results for Q4 and the full year ended December 31, 2023, during a conference call on February 13, 2024, at 8:30 a.m. EST [1] - Financial results for Q4 are expected to be released on February 12, 2024, after market close [1] - Shareholders can participate in the conference call via specific domestic and international dialing numbers, referencing a conference ID [2] Group 2 - Aspen Aerogels is a technology leader focused on sustainability and electrification solutions, leveraging its aerogel technology to address global trends in resource efficiency, e-mobility, and clean energy [3] - The company's PyroThin® products address thermal runaway challenges in the electric vehicle market, while its carbon aerogel initiative aims to enhance lithium-ion battery performance [3] - Aspen's Spaceloft® products provide energy efficiency and fire safety for building owners, and its Cryogel® and Pyrogel® products are utilized by major energy infrastructure companies [3]

Core Insights - Aspen Aerogels, Inc. (ASPN) reported preliminary revenue results for Q4 2023 and full-year 2023, indicating significant growth in revenues and expectations for 2024 [1][2] Financial Performance - Q4 2023 revenues reached $84 million, a 38% increase quarter over quarter, with PyroThin thermal barrier revenues growing 61% to $53 million and Energy Industrial revenues increasing 11% to $31 million [1] - For the full year 2023, revenues totaled $238 million, up 32% from 2022, with PyroThin thermal barrier revenues surging 98% year over year to $110 million and Energy Industrial revenues rising 3% to $128 million [1] Future Outlook - The company anticipates revenues of $350 million for 2024, representing over 47% year-over-year growth, driven by the acceleration of electric vehicle (EV) production [2] - ASPN aims to improve its gross margin and adjusted EBITDA margin targets to 35% and 25%, respectively, while optimizing its cost structure and expanding its EV customer base [2] Market Position - ASPN has experienced a 65.4% stock price increase over the past three months, outperforming the Zacks Building Products - Miscellaneous industry's growth of 23% [5] - Earnings estimates for 2024 suggest a significant year-over-year rise of 84.2% [5]

Persistent earnings growth captivates almost everyone, from the top brass to research analysts. This is because earnings are a measure of the money a company is making.Still, earnings acceleration works even better when lifting the stock price. Studies have shown that most successful stocks have seen an acceleration in earnings before an uptick in the stock price.Earnings acceleration is the incremental growth in a company’s earnings per share (EPS). In other words, if the rate of a company’s quarter-over-q ...

Pre-Announces Full Year 2023 Revenues of $238 million; $84 million in Q4 Supplemental supply for Energy Industrial products initiated in Q4 Potential to Deliver Over 47% YoY revenue growth in 2024 NORTHBOROUGH, Mass., Jan. 11, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced preliminary full year 2023 revenue results, a preliminary 2024 revenue outlook, and the initial shipments through its ...

Pasha Pechenkin Aspen Aerogels (NYSE:ASPN) began popping up in my weekly stock screens last spring. Prior to this, I was not familiar with the company but decided to dig deeper and was quickly impressed by what I found. ASPN was down -90% from the 2021 highs and it seemed like investors weren’t appreciating the potential growth when ASPN ultimately pushed into the EV market even though management already had started discussing this opportunity on the quarterly earnings calls. After sufficient research an ...

Aspen Aerogels, Inc. (NYSE:ASPN) Q3 2023 Earnings Conference Call November 2, 2023 8:30 AM ET Company Participants Neal Baranosky – Senior Director of Corporate Strategy and Finance Don Young – President and Chief Executive Officer Ricardo Rodriguez – Chief Financial Officer Conference Call Participants Colin Rusch – Oppenheimer Eric Stine – Craig-Hallum Alex Potter – Piper Sandler Jeff Osborne – TD Cowen George Gianarikas – Canaccord Chris Souther – B. Riley Tom Curran – Seaport Research Partners Operator ...

November 2, 2023 ASPEN AEROGELS Q3 2023 FINANCIAL RESULTS CALL Disclaimer on Forward Looking Statements ...