1. What are the two key mistakes beginners make in reading trends?  2. Which "key" chart pattern reveals a top or bottom is near? 3. What are the most reliable chart patterns?  Answer these questions and more with your FREE 10 day trading course

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

Posted by Tate Dwinnell | # |
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.

Tags: american superconductor, amsc, earnings guidance

If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.

Comments