Complete Solaria (CSLR) Scheduled to Post Earnings on Wednesday

Complete Solaria (NASDAQ:CSLR) will announce its earnings results after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

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

Complete Solaria Stock Performance

NASDAQ:CSLR opened at $1.86 on Tuesday. Complete Solaria has a twelve month low of $0.20 and a twelve month high of $3.37. The company has a 50-day moving average of $2.32 and a 200-day moving average of $1.72.

Wall Street Analyst Weigh In

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

Insider Activity

In other Complete Solaria news, major shareholder Carlyle Group Inc. sold 275,000 shares of the business’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $2.20, for a total transaction of $605,000.00. Following the completion of the transaction, the insider now owns 2,405,461 shares of the company’s stock, valued at $5,292,014.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, major shareholder Carlyle Group Inc. sold 275,000 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $2.20, for a total value of $605,000.00. Following the completion of the sale, the insider now owns 2,405,461 shares in the company, valued at approximately $5,292,014.20. 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 is accessible through this hyperlink. Also, major shareholder Solis Holdings L.L.C. Crsef sold 924,466 shares of Complete Solaria stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $2.14, for a total value of $1,978,357.24. Following the sale, the insider now directly owns 3,643,231 shares in the company, valued at $7,796,514.34. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,721,540 shares of company stock worth $3,762,066. 92.48% of the stock is owned by corporate insiders.

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.