CSLM Acquisition (SPWR) to Release Quarterly Earnings on Monday

CSLM Acquisition (NASDAQ:SPWR) is expected to post its resultson Monday, March 30th. Analysts expect CSLM Acquisition to post earnings of ($0.03) per share and revenue of $88.00 million for the quarter.

CSLM Acquisition (NASDAQ:SPWR) last released its quarterly earnings data on Friday, December 19th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.07). The firm had revenue of $70.01 million during the quarter, compared to analysts’ expectations of $68.00 million. CSLM Acquisition had a net margin of 5.11% and a negative return on equity of 16.64%.

CSLM Acquisition Trading Down 0.8%

Shares of NASDAQ:SPWR opened at $1.18 on Monday. The company has a 50-day moving average price of $1.53 and a 200-day moving average price of $1.63. The company has a market cap of $132.11 million, a price-to-earnings ratio of -2.51 and a beta of 0.85. CSLM Acquisition has a 12 month low of $1.13 and a 12 month high of $2.50.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of CSLM Acquisition in a report on Friday, December 26th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $5.40.

CSLM Acquisition Company Profile

Complete Solaria, Inc engages in the provision of solar services. It offers sales enablement, project management, partner coordination, and customer communication. The company is headquartered in San Ramon, CA and does business as SunPower Corporation.