Insights Ahead: Spruce Power Holding's Quarterly Earnings

Spruce Power Holding SPRU is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Spruce Power Holding will report an earnings per share (EPS) of $-0.10.

The announcement from Spruce Power Holding is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings Track Record

The company's EPS missed by $0.39 in the last quarter, leading to a 8.08% drop in the share price on the following day.

Here's a look at Spruce Power Holding's past performance and the resulting price change:

Performance of Spruce Power Holding Shares

Shares of Spruce Power Holding were trading at $2.42 as of November 05. Over the last 52-week period, shares are down 37.14%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Spruce Power Holding visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.