American Superconductor Corporation (AMSC) is gearing up to report its first-quarter fiscal 2025 results on July 30. The company expects revenues between $64-$68 million, with a consensus estimate of $62.1 million, a 61.7% increase from the year-ago quarter. Non-GAAP earnings are anticipated to surpass 10 cents per share, with a consensus estimate of 12 cents per share.

AMSC’s upcoming earnings announcement is expected to showcase the benefits of its acquisition of NWL Inc. in August 2024, contributing to top and bottom-line growth. Improved business models, increased bookings, and a focus on energy power and ship protection systems are anticipated to drive positive performance in the first quarter.

Despite macroeconomic uncertainties and foreign exchange fluctuations, AMSC’s first-quarter results are predicted to reflect strong growth in the Grid and Wind segments. The company’s focus on expanding U.S. ship platforms and growing shipments of turbines are expected to bolster performance. However, the Zacks Rank indicates a potential earnings miss this quarter.

Investors looking for potential earnings beats may want to consider stocks like Meta Platforms (META), Lam Research (LRCX), and QUALCOMM (QCOM). Meta Platforms is projected to see a 13% year-over-year growth in earnings, while Lam Research is expected to witness a 48.2% increase in EPS for the fourth quarter of fiscal 2025. QCOM’s third-quarter earnings are estimated to rise by 15% year over year.

Read more at Nasdaq: AMSC Gears Up to Report Q1 Earnings: What’s in Store for the Stock?