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Altus Power(AMPS) - 2024 Q3 - Earnings Call Transcript
2024-11-13 02:04
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 Earn ...
Altus Power(AMPS) - 2024 Q3 - Earnings Call Presentation
2024-11-13 01:05
Investor Presentation November 2024 Cautionary Statements And Risk Factors That May Affect Future Results The following presentation for Altus Power, Inc. ("Altus Power" or the "Company") has been prepared by Altus Power's management. You should read the presentation together with our consolidated financial statements and related notes appearing in our 2023 Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 14, 2024 (the "2023 Annual Report on Form 10-K"). Any refere ...
Altus Power, Inc. (AMPS) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-11-13 00:00
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 266.67%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.16, delivering a surprise of 433.33%.Over the last four quarters, the comp ...
Altus Power(AMPS) - 2024 Q3 - Quarterly Report
2024-11-12 21:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04321 ALTUS POWER, INC. (Exact name of registrant as specified in its charter) Delaware 85-3448396 (State or other jurisdict ...
Altus Power(AMPS) - 2024 Q3 - Quarterly Results
2024-11-12 21:30
Altus Power, Inc. Announces Third Quarter 2024 Financial Results Third Quarter Financial Highlights • Third quarter 2024 revenues of $58.7 million, a 30% increase as compared to third quarter 2023 • GAAP net income of $8.6 million for third quarter 2024, as compared to $6.8 million for third quarter 2023 • Adjusted EBITDA* of $37.0 million for third quarter 2024, a 27% increase as compared with third quarter 2023 Recent Business Highlights • Nationwide portfolio that surpassed 1 GW in operating assets as of ...
Altus Power (AMPS) Upgraded to Buy: Here's Why
ZACKS· 2024-10-21 17:00
Altus Power, Inc. (AMPS) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investo ...
Altus Power (AMPS) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-08-13 17:00
Altus Power, Inc. (AMPS) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...
Down -33.63% in 4 Weeks, Here's Why Altus Power (AMPS) Looks Ripe for a Turnaround
ZACKS· 2024-08-13 14:35
A downtrend has been apparent in Altus Power, Inc. (AMPS) lately with too much selling pressure. The stock has declined 33.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicator ...
Altus Power, Inc. (AMPS) Tops Q2 Earnings Estimates
ZACKS· 2024-08-09 00:30
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 433.33%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.08, delivering no surprise.Over the last four quarters, the company has surpas ...
Altus Power(AMPS) - 2024 Q2 - Earnings Call Presentation
2024-08-08 22:46
Second Quarter Earnings Presentation August 8, 2024 Cautionary Statements And Risk Factors That May Affect Future Results The following presentation for Altus Power, Inc. ("Altus Power" or the "Company") has been prepared by Altus Power's management. You should read the presentation together with our consolidated financial statements and related notes appearing in our 2023 Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on March 14, 2024 (the "2023 Annual Report on Form 10 ...