Altus Power Future Growth
Future criteria checks 3/6
Altus Power's earnings are forecast to decline at 32.5% per annum while its annual revenue is expected to grow at 18.2% per year. EPS is expected to decline by 34.8% per annum. Return on equity is forecast to be -0.4% in 3 years.
Key information
-32.5%
Earnings growth rate
-34.8%
EPS growth rate
| Renewable Energy earnings growth | 18.8% |
| Revenue growth rate | 18.2% |
| Future return on equity | -0.4% |
| Analyst coverage | Good |
| Last updated | 03 Jun 2024 |
Recent future growth updates
Recent updates
Altus Power: Valuable Partnerships And Competitive Advantage To Outperform
Mar 16Altus Power, Inc.'s (NYSE:AMPS) 31% Jump Shows Its Popularity With Investors
Feb 16
Altus Power: Unico Solar Acquisition Should Accelerate Growth
Dec 23Altus Power, Inc.'s (NYSE:AMPS) 29% Jump Shows Its Popularity With Investors
Dec 16Altus Power: H2 2023 EBITDA Guidance Is Achievable And FY24 Outlook Is Positive
Sep 15Altus Power: Assessing An Alt-Energy Play
Jul 26Altus Power: Incredible EBITDA Growth Ahead Ignited By Expansion
Jul 01Altus Power Shows Renewed Vigor
Jan 11Altus Power to acquire 220 MW of construction solar assets for $293M
Dec 27Altus Power, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 17Altus Power GAAP EPS of -$0.63 misses by $0.65, revenue of $30.4M beats by $0.99M
Nov 14Altus Power: Driving Clean Energy Transition Across The U.S.
Nov 02Altus Power stock falls ~14% after hours on secondary public offering of class A shares
Sep 28Altus Power GAAP EPS of $0.16, revenue of $24.8M; reaffirms FY22 adjusted EBITDA guidance
Aug 15Here's What's Concerning About Altus Power's (NYSE:AMPS) Returns On Capital
Jul 11Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 303 | -11 | -312 | 76 | 8 |
| 12/31/2025 | 255 | -8 | -280 | 74 | 10 |
| 12/31/2024 | 211 | 5 | -208 | 59 | 10 |
| 3/31/2024 | 166 | -7 | -42 | 70 | N/A |
| 12/31/2023 | 155 | -9 | -38 | 79 | N/A |
| 9/30/2023 | 148 | 85 | -71 | 59 | N/A |
| 6/30/2023 | 133 | -16 | -67 | 49 | N/A |
| 3/31/2023 | 111 | 1 | -50 | 46 | N/A |
| 12/31/2022 | 101 | 55 | -42 | 35 | N/A |
| 9/30/2022 | 96 | -5 | -10 | 30 | N/A |
| 6/30/2022 | 86 | 90 | -6 | 26 | N/A |
| 3/31/2022 | 79 | 65 | 5 | 24 | N/A |
| 12/31/2021 | 72 | 6 | 9 | 24 | N/A |
| 9/30/2021 | 61 | 9 | -1 | 18 | N/A |
| 6/30/2021 | 54 | 7 | -3 | 16 | N/A |
| 3/31/2021 | 48 | 5 | -13 | 13 | N/A |
| 12/31/2020 | 45 | 7 | -24 | 12 | N/A |
| 12/31/2019 | 37 | -6 | -52 | 5 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMPS's earnings are forecast to decline over the next 3 years (-32.5% per year).
Earnings vs Market: AMPS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AMPS is expected to become profitable in the next 3 years.
Revenue vs Market: AMPS's revenue (18.2% per year) is forecast to grow faster than the US market (8.6% per year).
High Growth Revenue: AMPS's revenue (18.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AMPS is forecast to be unprofitable in 3 years.