Complete Solaria Inc reports results for the quarter ended in June - Earnings Summary

Sunpower

16/08/2024 03:31

* Complete Solaria Inc  CSLR.OQ  reported a quarterly
adjusted
loss of 26 cents​​ per share for the quarter ended in June.  The
mean expectation of two analysts for the quarter was for a loss
of 5 cents per share. Wall Street expected results to range from
-7 cents to -4 cents per share.
    * Revenue was $4.49 million​; analysts expected $10.50
million. 
    * Complete Solaria Inc's reported EPS for the quarter was a
loss
of 26 cents​.
    * The company reported a quarterly loss of $15.89 million.
    * Complete Solaria Inc shares had risen by 44.6% this
quarter and
gained 0.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the construction
supplies & fixtures peer group is  "buy."

Wall Street's median 12-month price target for Complete Solaria
Inc is $4.50 
This summary was machine generated from LSEG data August 16 at
02:30 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      -0.05          -0.26          Missed
 Mar. 31 2024      -0.06          -0.13          Missed
 Dec. 31 2023      -0.16          -1.11          Missed
 Sep. 30 2023      -0.18          -1.49          Missed