SolarCity (SCTY) Misses Q3 EPS by 46c
SolarCity (NASDAQ: SCTY) reported Q3 EPS of ($2.41), $0.46 worse than the analyst estimate of ($1.95). Revenue for the quarter came in at $113.86 million versus the consensus estimate of $111.43 million.
Highlights:
- Record 256 MW Installed for a Cumulative Total of 1.7 GW
- Revenue up 95% Year-over-Year
- $239 Million of Economic Value Creation in Q3
- Cost per Watt Achieves New Record Low of $2.84
- 2016 Guidance for 1.25 GW Installed and Positive Cash Flow by Q4
For earnings history and earnings-related data on SolarCity (SCTY) click here.
