Altus Power Inc expected to post a loss of 4 cents a share - Earnings Preview

Altus Power

12/05/2023 16:28

* Altus Power Inc  AMPS.N   AMPS.K  is expected to show a
rise in
quarterly revenue when it reports  results on May 15. 
    * The Stamford Connecticut-based  company is expected to
report  a
57.2% increase in revenue to $30.174 million from $19.2 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Altus Power Inc is
for a
loss of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Altus Power
Inc
is $10.5​, above​ its last closing price of $4.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.03        0.01       0.42      Beat    5,150
 Sep. 30 2022  0.03        0.03       -0.63     Missed  -2,200
 Jun. 30 2022  0.00        0.00       0.01      Beat    366.7​
 Mar. 31 2022  -0.02       -0.02      -0.03     Missed  -63.7
 ​​Dec.        -0.01       -0.01      0.20      Beat    2,452.
 31 2021                                                9
                                                        ​
 This summary was machine generated May 12 at 15:28 GMT.  All
figures in US dollars  unless otherwise stated