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Stock impact report

US$4.50: That's What Analysts Think Complete Solaria, Inc. (NASDAQ:CSLR) Is Worth After Its Latest Results [Yahoo! Finance]

Complete Solaria, Inc. (CSLR) 
Company Research Source: Yahoo! Finance
Statutory earnings fell substantially short of expectations, with revenues of US$4.5m missing forecasts by 59%. Losses exploded, with a per-share loss of US$0.26 some 117% below prior forecasts. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. View our latest analysis for Complete Solaria Taking into account the latest results, the twin analysts covering Complete Solaria provided consensus estimates of US$41.5m revenue in 2024, which would reflect a substantial 31% decline over the past 12 months. Losses are predicted to fall substantially, shrinking 84% to US$0.31. Before this latest report, the consensus had been expecting revenues of US$57.0m and US$0.47 per share in losses. So there's been quite a change-up of Show less Read more
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