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

Reuters
2024-11-09
Altus Power0.00%盤前

* Altus Power Inc is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The Stamford Connecticut-based company is expected to report a 28.6% increase in revenue to $57.976 million from $45.08 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.

* ​LSEG'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," 2 "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 $5.25​, above​ its last closing price of $3.11. ​​​

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. 0.04 0.03 0.04 Beat 26.3

30 2023

Mar. 31 2023 -0.04 -0.03 0.03 Beat 190.9​

Dec. 31 2022 0.03 0.01 0.42 Beat 5,150

Sep. 30 2022 0.03 0.03 -0.63 Missed -2,200

This summary was machine generated November 9 at 00:50 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)

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