Altus Power Inc expected to post a loss of 5 cents a share - Earnings Preview

Altus Power

14/03/2025 20:39

Altus Power Inc AMPS.N, AMPS.K is expected to show a rise in quarterly revenue when it reports  results on March 17 for the period ending December 31 2024

The Stamford Connecticut-based  company is expected to report a 36.4% increase in revenue to $46.638 million from $34.19 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Altus Power Inc is for a loss of 5 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "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 $5.00​, above​ its last closing price of $4.93. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
0.04
0.03
0.11
Beat
242.6
Jun. 30 2024
0.05
0.03
0.24
Beat
668
Mar. 31 2024
-0.08
-0.07
0.05
Beat
168.6​
Dec. 31 2023
-0.01
-0.01
-0.17
Missed
-1,356.7
​​Sep. 30 2023
0.04
0.04
0.03
Missed
-22.4
Jun. 30 2023
0.04
0.03
0.04
Beat
26.3​
Mar. 31 2023
-0.04
-0.03
0.03
Beat
190.9
Dec. 31 2022
0.03
0.01
0.42
Beat
5,150

This summary was machine generated March 14 at 20:39 GMT.  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)