AMPS Stock Recent News

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the first quarter of 2024 after the closing of the New York Stock Exchange on Thursday, May 9, 2024. The earnings release will be followed by a conference call for investors at 4:30 PM Eastern Time. The call will feature prepared remarks from Gregg Felton, Co-Chief Executive Officer and Dustin Weber, Chief Fina.

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Altus Power: Valuable Partnerships And Competitive Advantage To Outperform

Altus Power, Inc. (AMPS) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.03 per share a year ago.

Altus Power, Inc. (AMPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The average of price targets set by Wall Street analysts indicates a potential upside of 39.3% in Altus Power, Inc. (AMPS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced that it will report financial results for the full year of 2023 after the closing of the New York Stock Exchange on Thursday, March 14, 2024. The earnings release will be followed by a conference call for investors at 4:30 PM Eastern Time. The call will feature prepared remarks from Lars Norell, Co-Chief Executive Officer and Dustin Weber, Chief Financ.

Altus Power has acquired Unico Solar to expand its presence on the West Coast and boost its pipeline and capabilities. The renewable energy industry, especially solar power, is experiencing strong growth in the US. Altus Power's financials show significant growth in operating revenue and net income, and the company expects continued growth in adjusted EBITDA for FY2023.

When anyone hears the phrase “renewable energy,” the immediate thought tends to be solar. As our world continues to embrace renewable energy sources more and more, solar and wind energy have risen to become the most iconic figureheads.

Altus Power's revenue and earnings missed estimates for the third quarter. The company reiterated its full-year adjusted EBITDA guidance, however, despite sustained solar industry headwinds.