American Superconductor (NASDAQ:AMSC) Posts Earnings Results

American Superconductor (NASDAQ:AMSCGet Free Report) posted its quarterly earnings data on Wednesday. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02, Zacks reports. American Superconductor had a positive return on equity of 8.29% and a negative net margin of 0.49%. American Superconductor updated its Q4 2024 guidance to -0.070- EPS.

American Superconductor Price Performance

Shares of NASDAQ AMSC opened at $34.24 on Friday. The firm has a fifty day moving average of $27.64 and a 200-day moving average of $25.45. American Superconductor has a 52-week low of $10.19 and a 52-week high of $38.02.

Analyst Upgrades and Downgrades

Separately, Oppenheimer lifted their price target on American Superconductor from $29.00 to $33.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th.

Check Out Our Latest Stock Analysis on AMSC

American Superconductor Company Profile

(Get Free Report)

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.

Featured Stories

Earnings History for American Superconductor (NASDAQ:AMSC)

Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.