Reklāma
Altus Power Swings To Profit In Q2; Reaffirms FY22 Outlook
(RTTNews) - Altus Power, Inc. (AMPS) announced Monday second-quarter net income attributable to Altus of $24.12 million or $0.16 per share, compared to a net loss of $1.19 million or $0.01 per share in the prior-year quarter.
Operating revenues for the quarter increased 41 percent to $24.76 million from $17.61 million in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.00 per share and revenues of $23.78 million for the second quarter. Analysts' estimates typically exclude special items.
The company also reaffirmed its full year 2022 adjusted EBITDA guidance in the range of $57 million to $63 million.
read more
U.S. Dollar Climbs Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.
RTTNews
|
2h 5min ago
TSX Hovers Near Record High; Materials, Energy Stocks Shine Again
Materials and energy stocks are among the prominent gainers in the Canadian market, which is up in positive territory in mid afternoon trades on Thursday.
RTTNews
|
5h 40min ago
Swiss Market Ends Weak
The Switzerland market ended modestly lower on Thursday after languishing in negative territory right through the day's trading session, as the mood remained cautious with investors looking ahead to speeches from central bank chiefs at Federal Reserve's Jackson Hole Symposium.
RTTNews
|
6h 2min ago
European Stocks Close On Mixed Note Again
European stocks turned in another mixed performance as investors stayed a bit cautious on Thursday, looking ahead to Federal Reserve's symposium at Jackson Hole, Wyoming, and largely shrugging off trade concerns.
Investors also digested the latest batch of regional economic data, including flash estimates of manufacturing and services sector activity in the major economies.
RTTNews
|
6h 18min ago
Eurozone Consumer Confidence Weakens More Than Expected In August
Euro area consumer sentiment deteriorated more than expected in August to a four-month low, after a strong improvement in the previous month, preliminary results of the monthly survey by the European Commission revealed on Thursday.
RTTNews
|
7h 7min ago
U.S. Leading Economic Index Edges Down In Line With Estimates In July
A reading on leading U.S. economic indicators edged slightly lower in the month of July, according to a report released by the Conference Board on Thursday. The Conference Board said leading economic index slipped by 0.1 percent in July after falling by 0.3 percent in June. The modest decrease matched economist estimates.
RTTNews
|
9h 1min ago
U.S. Existing Home Sales Unexpectedly Rebound In July
The National Association of Realtors released a report on Thursday showing an unexpected rebound by existing home sales in the U.S. in the month of July. The report said existing home sales jumped by 2.0 percent to an annual rate of 4.01 million in July after tumbling by 2.7 percent to an annual rate of 3.93 million in June.
RTTNews
|
9h 12min ago
Walmart Shares Hit As Q2 Profit Misses Street, Updates FY26 Outlook Below View
Shares of Walmart Inc. were losing around 5 percent in the morning trading after the retail behemoth reported second-quarter earnings below market estimates, despite a significant year-over-year growth. Meanwhile, net sales were higher and beat the Street estimates.
RTTNews
|
9h 25min ago
