Complete Solaria (CSLR) to Release Earnings on Wednesday

Complete Solaria (NASDAQ:CSLR) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Complete Solaria (NASDAQ:CSLR) last posted its earnings results on Wednesday, August 14th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.16). The business had revenue of $4.49 million during the quarter, compared to analysts’ expectations of $11.00 million.

Complete Solaria Trading Down 5.4 %

Shares of CSLR opened at $1.94 on Monday. The stock has a 50 day simple moving average of $2.31 and a 200 day simple moving average of $1.71. Complete Solaria has a 52-week low of $0.20 and a 52-week high of $3.37.

Insider Buying and Selling at Complete Solaria

In related news, Director Tidjane Thiam sold 30,000 shares of the stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $1.59, for a total transaction of $47,700.00. Following the completion of the transaction, the director now directly owns 158,624 shares in the company, valued at approximately $252,212.16. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Complete Solaria news, Director Adam Gishen sold 15,526 shares of Complete Solaria stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1.75, for a total value of $27,170.50. Following the sale, the director now directly owns 337,742 shares in the company, valued at approximately $591,048.50. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Tidjane Thiam sold 30,000 shares of the stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $1.59, for a total transaction of $47,700.00. Following the transaction, the director now owns 158,624 shares of the company’s stock, valued at approximately $252,212.16. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,721,540 shares of company stock valued at $3,762,066 in the last 90 days. 92.48% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Cantor Fitzgerald reissued an “overweight” rating and set a $6.00 price objective on shares of Complete Solaria in a research report on Tuesday, October 1st.

About Complete Solaria

Complete Solaria, Inc provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. It also provides HelioQuoteTM software system, a platform for residential solar designs, proposals, and engineering services. In addition, the company installs solar systems, as well as provides financing solutions.