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)
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