Altus Power (AMPS) reports Q4 loss, misses revenue estimates, but has increased shares by 21.6%
From Nasdaq: 2025-03-17 18:35:02
Altus Power, Inc. (AMPS) reported a quarterly loss of $0.32 per share, significantly lower than the expected loss of $0.04 per share. Revenues for the quarter were $44.47 million, missing estimates by 4.48%. The company has surpassed EPS estimates twice in the last four quarters.
Altus Power shares have increased by 21.6% this year despite the S&P 500’s decline of -4.1%. The company’s future performance will depend on management’s commentary on the earnings call. The current consensus EPS estimate for the coming quarter is -$0.07 on $44.88 million in revenues.
Canadian Solar (CSIQ) is expected to report a quarterly loss of $0.21 per share, representing a year-over-year change of -950%. Revenues are forecasted to be $1.58 billion, down 7.2% from the previous year. The company’s results for the quarter ended December 2024 are set to be released on March 25.
Read more at Nasdaq: Altus Power, Inc. (AMPS) Reports Q4 Loss, Lags Revenue Estimates
