Earnings Outlook For Altus Power
Portfolio Pulse from Benzinga Insights
Altus Power (NYSE:AMPS) is scheduled to release its quarterly earnings report on March 14, 2024, with an estimated EPS of $-0.01. Despite a miss in the last quarter's EPS by $0.05, the share price increased by 13.12% the following day. Over the past year, AMPS shares have risen by 5.89%, trading at $5.99 as of March 12. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
March 13, 2024 | 3:01 pm
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Altus Power is expected to report an EPS of $-0.01 for the latest quarter. Despite a previous miss, its stock price increased, and it has shown a 5.89% growth over the past year.
Given Altus Power's history of stock price increase following an earnings miss and the overall positive yearly growth, the upcoming earnings report, especially any positive guidance, could lead to a short-term positive impact on AMPS's stock price.
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