What to Expect Ahead of Aspen's (AZPN) Q2 Earnings Release

Aspen Technology (AZPN) is scheduled to report second-quarter fiscal 2024 results on Feb 6.The Zacks Consensus Estimate for earnings is pegged at $1.49 per share compared with the prior quarter’s figure of 35 cents per share. The consensus mark for revenues stands at $259.7 million, suggesting an increase of 6.9% from the prior-year quarter.Factors to NoteThe company’s performance in the fiscal second quarter is likely to have benefited from solid demand momentum across various markets. The company is expec ...