Vivint Solar (VSLR) Misses Q4 EPS by 11c

Vivint Solar (NYSE: VSLR) reported Q4 EPS of ($0.43), $0.11 worse than the analyst estimate of ($0.32). Revenue for the quarter came in at $66.8 million versus the consensus estimate of $66.88 million.

• MW Booked of approximately 55 MWs for the quarter.
• MW Installed of approximately 45 MWs for the quarter. Total cumulative MWs installed were approximately 865 MWs.
• Installations were 6,467 for the quarter. Cumulative installations were 126,830.
• Estimated Retained Value increased by approximately $80 million during the quarter to approximately $1.6 billion. Estimated Retained Value per Watt at quarter end was $2.00.
• Cost per Watt was $2.95, an increase from $2.94 in the third quarter of 2017 and down from $3.08 in the fourth quarter of 2016.

For earnings history and earnings-related data on Vivint Solar (VSLR) click here.

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