Aspen Technology (NASDAQ: AZPN) has announced that it will be unveiling its first quarter financial results on Monday 4th November 2024. The disclosure is planned to occur after market close.
The financial experts on Wall Street are predicting that the organization will likely report an estimated $1.57 profit per share for the first quarter. Additionally, it is anticipated that the company will reveal a $267.63 million revenue during the quarter.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $1.19 billion. In addition, they anticipate the company to report profit of $7.47 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $1.16. This notable figure was achieved due to the company's impressive total revenue of $249.31 million recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q4 2024 | $2.37 | +11.3% | 342.91 M | +6.9% |
| Q3 2024 | $1.70 | +60.4% | 278.11 M | +21.0% |
| Q2 2024 | $1.37 | +291.4% | 257.16 M | +5.9% |
| Q1 2024 | $1.16 | -47.3% | 249.31 M | -0.6% |
| Q4 2023 | $2.13 | -12.3% | 320.64 M | +34.2% |
| *Growth on year-over-year basis | ||||
AZPN will host a conference call with investment community on 4th November 2024 at 04:30 PM eastern time to discuss the financial results.
Aspen Technology (AZPN) experienced a trading range of $232.49 to $237.94, along with a total volume of 191.20 thousand shares during the day. The stock concluded Friday's regular trading session at $233.67, marking decline of 0.45 percent.
