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Aspen Technology Inc reports results for the quarter ended December 31 - Earnings Summary

ReutersFeb 4, 2025 10:01 PM
  • Aspen Technology Inc AZPN.OQ reported quarterly adjusted earnings of $2.06​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.37. The mean expectation of seven analysts for the quarter was for earnings of $1.87 per share. Wall Street expected results to range from $1.82 to $1.98 per share.

  • Revenue rose 18% to $303.56 million from a year ago; analysts expected $294.83 million.

  • Aspen Technology Inc's reported EPS for the quarter was 32 cents​.

  • The company reported quarterly net income of $20.34 million.

  • Aspen Technology Inc shares had risen by 5.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts was unchanged in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the software peer group is also "hold"

Wall Street's median 12-month price target for Aspen Technology Inc is $260.00

This summary was machine generated from LSEG data February 4 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

1.87

2.06

Beat

Sep. 30 2024

1.57

0.85

Missed

Jun. 30 2024

2.08

2.37

Beat

Mar. 31 2024

1.46

1.70

Beat

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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