Sunrun Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-28
Sunrun Inc reports results for the quarter ended December 31 - Earnings Summary
  • Sunrun Inc RUN.OQ reported a quarterly adjusted loss of $12.51​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.60. The mean expectation of twenty three analysts for the quarter was for a loss of 26 cents per share. Wall Street expected results to range from -83 cents to 88 cents per share.

  • Revenue rose 0.4% to $518.49 million from a year ago; analysts expected $537.91 million.

  • Sunrun Inc's reported EPS for the quarter was a loss of $12.51​.

  • The company reported a quarterly loss of $2.81 billion.

  • Sunrun Inc shares had fallen by 9.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 9.7% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 10 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the renewable energy equipment & services peer group is also "buy"

Wall Street's median 12-month price target for Sunrun Inc is $17.00

This summary was machine generated from LSEG data February 27 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.26

-12.51

Missed

Sep. 30 2024

-0.14

-0.37

Missed

Jun. 30 2024

-0.33

0.55

Beat

Mar. 31 2024

-0.46

-0.40

Beat

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