Complete Solaria (CSLR) Set to Announce Quarterly Earnings on Wednesday

Complete Solaria (NASDAQ:CSLR - Get Free Report) is scheduled to 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. Investors that are interested in registering for the company's conference call can do so using this link.

Complete Solaria (NASDAQ:CSLR - Get Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.16). The company had revenue of $4.49 million during the quarter, compared to analyst estimates of $11.00 million. On average, analysts expect Complete Solaria to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Complete Solaria Stock Performance

Shares of NASDAQ CSLR traded down $0.21 during mid-day trading on Wednesday, reaching $2.07. The company had a trading volume of 765,270 shares, compared to its average volume of 1,325,151. The company has a 50-day moving average price of $2.31 and a two-hundred day moving average price of $1.67. Complete Solaria has a 1-year low of $0.20 and a 1-year high of $3.37.

Analysts Set New Price Targets

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

Insider Activity

In other news, Director Tidjane Thiam sold 30,000 shares of Complete Solaria stock in a transaction on 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 in the company, valued at approximately $252,212.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other news, Director Tidjane Thiam sold 30,000 shares of Complete Solaria stock in a transaction on 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 in the company, valued at approximately $252,212.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Solis Holdings L.L.C. Crsef sold 924,466 shares of Complete Solaria stock in a transaction on Wednesday, October 9th. The shares were 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 of the company's stock, valued at approximately $7,796,514.34. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,721,540 shares of company stock worth $3,762,066. 0.17% 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.