Spruce Power Holding Corp reports results for the quarter ended September 30 - Earnings Summary

Reuters2024-11-14

Spruce Power Holding Corp SPRU.N reported a quarterly adjusted loss of 18 cents per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 10 cents per share.
Revenue was $21.38 million; analysts expected $22.82 million.
The company reported a quarterly loss of $53.53 million.
Spruce Power Holding Corp shares had fallen by 17.6% this quarter and lost 47.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

This summary was machine generated from LSEG data November 14 at 03:57 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Sep. 30 2024	-0.10	-0.18	Missed
Jun. 30 2024	-0.07	-0.08	Missed

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The lone analyst forecast for the quarter was for a loss of 10 cents per share. Revenue was $21.38 million; analysts expected $22.82 million. The company reported a quarterly loss of $53.53 million.Spruce Power Holding Corp shares had fallen by 17.6% this quarter and lost 47.1% so far this year.FORECAST CHANGESThe mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.RECOMMENDATIONSThis summary was machine generated from LSEG data November 14 at 03:57 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. 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