Sunrun (RUN) Tops Q2 EPS Views

August 11, 2016 4:08 PM EDT
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Price: $5.75 +1.77%

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Sunrun (NASDAQ: RUN) reported Q2 EPS of $0.31, $0.71 better than the analyst estimate of ($0.40). Revenue for the quarter came in at $122.5 million versus the consensus estimate of $111.15 million.

  • Total deployments of 65 MW, an increase of 54% year-over-year. Sunrun-built deployments grew 128% year-over-year.
  • Cumulative MW deployed of 721 MW.

Guidance for Q3 and Full Year 2016

The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially.

For 2016, we expect deployments in the range of 270 to 280 MW, focusing primarily on delivering NPV of above $1 per watt in the second half of the year.

In Q3, we expect to deploy 72 MW.

For earnings history and earnings-related data on Sunrun (RUN) click here.



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