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Investing.com - Altus Power reported on Monday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Altus Power announced earnings per share of $-0.63 on revenue of $30.4M. Analysts polled by Investing.com EPS of $0.03 on revenue of $29.44M.
Altus Power 's are down 19.03% and is trading at $8.54 , still down 41.96% from its 52 week high of $14.72 set on Wednesday, September 28, 2022.
Altus Power follows other major Utilities sector earnings this month
Altus Power's report follows an earnings beat by NextEra Energy on Friday, October 28, 2022, who reported EPS of $0.85 on revenue of $6.72B, EPS of $0.79 on revenue of $5.96B.
Duke Energy had missed expectations on Friday, November 4, 2022 with third quarter EPS of $1.78 on revenue of $7.97B, for EPS of $1.84 on revenue of $7,388M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar