SPRU missed EPS expectations by 12.04%
Aug 14, 2024, 8:37 PM
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What does SPRU do
Spruce Power Holding Corp, based in Denver, Colorado with 318 employees, specializes in operating and managing distributed solar energy assets and offers subscription-based solar and battery storage solutions for homeowners. The company, which went public in 2019, also provides asset management, maintenance, and loan servicing for residential solar projects and energy-efficient improvements.
Spruce Power Holding (SPRU) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Spruce Power Holding's actual EPS was -$0.08, missing the estimate of -$0.07 per share, resulting in a -12.04% surprise.
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