Altus Power, Inc. (AMPS) Q3 Earnings and Revenues Surpass Estimates
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Altus Power, Inc. (AMPS) reported Q3 earnings of $0.11 per share, surpassing the Zacks Consensus Estimate of $0.03 per share. This marks a significant improvement from $0.03 per share a year ago.
November 13, 2024 | 12:15 am
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Altus Power, Inc. reported Q3 earnings of $0.11 per share, significantly exceeding the Zacks Consensus Estimate of $0.03. This is a substantial increase from the $0.03 per share reported a year ago.
The significant earnings beat and year-over-year improvement are likely to positively impact Altus Power's stock price in the short term. Investors often react favorably to companies that exceed earnings expectations, especially with such a large margin.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100