Altus Power Inc expected to post earnings of 3  cents a share - Earnings Preview

Altus Power

11/08/2023 17:33

* Altus Power Inc  AMPS.N   AMPS.K  is expected to show a
rise in
quarterly revenue when it reports  results on August 14. 
    * The Stamford Connecticut-based  company is expected to
report  a
79.1% increase in revenue to $44.357 million from $24.76 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
earnings of 3 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​, above​ its last closing price of $6.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.04       -0.03      0.03      Beat    190.9
 Dec. 31 2023  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.        -0.02       -0.02      -0.03     Missed  -63.7
 31 2022                                                
 Dec. 31 2021  -0.01       -0.01      0.20      Beat    2,452.
                                                        9​
 This summary was machine generated August 11 at 16:33 GMT.  All
figures in US dollars  unless otherwise stated