Altus Power (AMPS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Altus Power, Inc. (AMPS) and Magnolia Oil & Gas Corp (MGY) have performed compared to their sector so far this year.
Altus Power, Inc. (AMPS) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.04 per share a year ago.
Altus Power, Inc. (NYSE:AMPS ) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Alison Sternberg - Head of Investor Relations Gregg Felton - Chief Executive Officer Dustin Weber - Chief Financial Officer Conference Call Participants Justin Clare - ROTH Capital Partners Jeffrey Campbell - Seaport Research Partners Tim Moore - Clear Street Andrew Percoco - Morgan Stanley Operator Good afternoon, ladies and gentlemen, and welcome to the Altus Power, Inc. Third Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode.
Altus Power, Inc. (AMPS) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.03 per share a year ago.
Altus Power (AMPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Altus Power (AMPS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
The heavy selling pressure might have exhausted for Altus Power (AMPS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Altus Power, Inc. (AMPS) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.04 per share a year ago.
Altus Power, Inc. (NYSE:AMPS ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 AM ET Company Participants Alison Sternberg - Head, Investor Relations Gregg Felton - Chief Executive Officer Dustin Weber - Chief Financial Officer Conference Call Participants James West - Evercore ISI Justin Clare - ROTH Capital Partners Vikram Bagri - Citigroup Jeffrey Campbell - Seaport Research Partners Operator Good afternoon. And welcome to the Altus Power Second Quarter 2024 Conference Call.
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Despite potential signs of recovery in the solar space, the current economic headwinds loom over its near-term future. Hence, the discussion about solar stocks to sell still remains relevant.