Altus Power Inc expected to post earnings of 1 cent a share - Earnings Preview

Altus Power

28/03/2023 14:20

* Altus Power Inc  AMPS.N   AMPS.K  is expected to show a
rise in
quarterly revenue when it reports  results on March 30. 
    * The Stamford Connecticut-based  company is expected to
report  a
23.6% increase in revenue to $26.673 million from $21.58 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Altus Power Inc is
for
earnings of 1 cent 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 $12​, above​ its last closing price of $5.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  -0.01       -0.01      0.20      Beat    2,452.
                                                        9
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 This summary was machine generated March 28 at 13:20 GMT.  All
figures in US dollars  unless otherwise stated