Vivint Solar (VSLR) Misses Q4 EPS by 91c, Revenues Miss

Vivint Solar (NYSE: VSLR) reported Q4 EPS of ($0.73), $0.91 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $63.5 million versus the consensus estimate of $71.94 million.

• MW Booked of approximately 63 MWs for the quarter.
• MW Installed of approximately 54 MWs for the quarter. Total cumulative MWs installed were approximately 1,061 MWs.
• Installations were 7,730 for the quarter. Cumulative installations were 154,598.
• Estimated Gross Retained Value increased by approximately $62 million during the quarter to approximately $2.0 billion. Estimated Gross Retained Value per Watt at quarter end was $2.06.
• Cost per Watt was $3.12, a decrease from $3.21 in the third quarter of 2018 and an increase from $2.95 in the fourth quarter of 2017.

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

You May Also Be Interested In

• JPMorgan Upgrades Aviva Plc (AV/:LN) (AIVAF) to Overweight
• FGI Industries Ltd (FGI) Tops Q2 EPS by 59c
• Acrivon Therapeutics, Inc. (ACRV) Tops Q2 EPS by 21c