Sunrun: Q4 Earnings Snapshot

Associated Press Finance
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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Wednesday reported a loss of $350.1 million in its fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of $1.60. Losses, adjusted for non-recurring costs, came to $1.33 per share.

The results fell short of Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share.

The solar energy products distributor posted revenue of $516.6 million in the period, topping Street forecasts. Eleven analysts surveyed by Zacks expected $499.7 million.

For the year, the company reported a loss of $1.6 billion, or $7.41 per share. Revenue was reported as $2.26 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUN at https://www.zacks.com/ap/RUN

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