Altus Power Q4 2023 GAAP EPS $(0.17) Misses undefined Estimate, Sales $34.192M Miss $43.927M Estimate
Portfolio Pulse from Benzinga Newsdesk
Altus Power (AMPS) reported Q4 2023 GAAP EPS of $(0.17), missing the undefined analyst consensus estimate, with sales of $34.192M also missing the $43.927M estimate. This represents a 27.75% increase in sales compared to the same period last year.
March 14, 2024 | 8:34 pm
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NEGATIVE IMPACT
Altus Power reported a Q4 2023 GAAP EPS of $(0.17) and sales of $34.192M, missing estimates but showing a 27.75% YOY sales increase.
Missing both EPS and sales estimates typically has a negative short-term impact on a company's stock price. However, the significant year-over-year sales growth may mitigate some negative sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100