Altus Power, Inc. (AMPS) Reports Q4 Loss, Lags Revenue Estimates

Core Viewpoint - Altus Power, Inc. reported a quarterly loss of $0.32 per share, significantly worse than the Zacks Consensus Estimate of a loss of$0.04, marking an earnings surprise of -700% [1] Financial Performance - The company posted revenues of $44.47 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 4.48$34.19 million year-over-year [2] - Over the last four quarters, Altus Power has surpassed consensus EPS estimates two times [2] Stock Performance - Altus Power shares have increased approximately 21.6% since the beginning of the year, contrasting with a -4.1% decline in the S&P 500 [3] Future Outlook - The company's earnings outlook will be crucial for determining the stock's immediate price movement, with current consensus EPS estimates at -$0.07 for the coming quarter and -$0.10 for the current fiscal year [4][7] - The estimate revisions trend for Altus Power is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Alternative Energy - Other industry, to which Altus Power belongs, is currently ranked in the top 26% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]