American Superconductor (AMSC) Affirms 2009 Guidance, Guides Above Street For 2010

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09:14:12 am on November 19, 2009

American Superconductor (AMSC) is up about 3% in premarket trading after affirming 2009 guidance and guiding 2010 EPS above analyst estimates.  For 2009, the company sees revenues of $300 – 310 million and an EPS of .59 – .64 both of which are about what analysts expect.  For 2010, the company sees revenues of more than $400 million and an EPS of more than $1.15 which is significantly greater than the $1.04/share analysts are estimating for next year.

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