Preview: Sunrun's Q2 Earnings
Sunrun (NASDAQ: RUN) announces its next round of earnings this Wednesday, August 7. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Wall Street expects EPS of 12 cents and sales around $200.19 million.
In the same quarter last year, Sunrun posted a profit of 6 cents on sales of $170.54 million. The analyst consensus estimate would represent a 100.00% increase in the company's EPS figure. Revenue would be have grown 17.39% from the same quarter last year. Sunrun's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | 0.170 | 0.27 | 0.23 | 0.25 |
EPS Actual | -0.120 | -0.05 | -0.02 | 0.06 |
Stock Performance
Over the last 52-week period, shares of Sunrun are up 32.8%. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on Sunrun stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Sunrun is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/thc4pr2p
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