Altus Power Past Earnings Performance
Past criteria checks 0/6
Altus Power has been growing earnings at an average annual rate of 27%, while the Renewable Energy industry saw earnings declining at 7.6% annually. Revenues have been growing at an average rate of 40.8% per year.
Key information
27.0%
Earnings growth rate
8.8%
EPS growth rate
| Renewable Energy Industry Growth | -5.8% |
| Revenue growth rate | 40.8% |
| Return on equity | -4.9% |
| Net Margin | -6.0% |
| Next Earnings Update | 09 May 2024 |
Recent past performance 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 11Altus Power: CBRE And Blackstone Supported Solar Deployment
Jun 02Revenue & Expenses BreakdownBeta
How Altus Power makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 155 | -9 | 47 | 0 |
| 30 Sep 23 | 148 | 85 | 43 | 0 |
| 30 Jun 23 | 133 | -16 | 40 | 0 |
| 31 Mar 23 | 111 | 1 | 37 | 0 |
| 31 Dec 22 | 101 | 55 | 34 | 0 |
| 30 Sep 22 | 96 | -5 | 28 | 0 |
| 30 Jun 22 | 86 | 90 | 26 | 0 |
| 31 Mar 22 | 79 | 65 | 20 | 0 |
| 31 Dec 21 | 72 | 6 | 17 | 0 |
| 30 Sep 21 | 61 | 9 | 16 | 0 |
| 30 Jun 21 | 54 | 7 | 14 | 0 |
| 31 Mar 21 | 48 | 5 | 12 | 0 |
| 31 Dec 20 | 45 | 7 | 10 | 0 |
| 31 Dec 19 | 37 | -6 | 9 | 0 |
Quality Earnings: AMPS is currently unprofitable.
Growing Profit Margin: AMPS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AMPS is unprofitable, but has reduced losses over the past 5 years at a rate of 27% per year.
Accelerating Growth: Unable to compare AMPS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AMPS is unprofitable, making it difficult to compare its past year earnings growth to the Renewable Energy industry (124.5%).
Return on Equity
High ROE: AMPS has a negative Return on Equity (-4.95%), as it is currently unprofitable.