Altus Power Earnings Preview
Portfolio Pulse from Benzinga Insights
Altus Power (NYSE:AMPS) is set to release its quarterly earnings report on August 14, 2023. Analysts estimate an EPS of $0.04. The company's past performance shows a pattern of share price drops following earnings beats. The stock is currently trading at $6.1, down 40.7% over the last 52-week period.

August 11, 2023 | 2:01 pm
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Altus Power's upcoming earnings report could potentially impact its stock price. The company's history of share price drops following earnings beats could be a concern for investors.
Altus Power's stock price has historically dropped following earnings beats. Given that analysts are predicting an EPS of $0.04 for the upcoming report, if the company beats this estimate, it could potentially lead to another drop in the share price. Additionally, the stock has been on a downward trend, with a 40.7% decrease over the last 52-week period, which could further exacerbate investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100