Investing.com - Aspen Aerogels (NYSE:ASPN) Inc reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Aspen Aerogels Inc announced earnings per share of $-0.75 on revenue of $36.71. Analysts polled by Investing.com anticipated EPS of $-0.58 on revenue of $50.02M.
Aspen Aerogels Inc shares are down 75.68% from the beginning of the year, still down 81.65% from its 52 week high of $65.99 set on November 22, 2021.
Aspen Aerogels Inc follows other major Materials sector earnings this month
Aspen Aerogels Inc's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $2.83 on revenue of $6.05B, compared to forecasts EPS of $2.59 on revenue of $5.81B.
Freeport-McMoran had missed expectations on October 20 with third quarter EPS of $0.26 on revenue of $5B, compared to forecast for EPS of $0.3167 on revenue of $5.37B.
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