SunEdison (SUNE) Posts Q3 GAAP Loss of 91c/Share
(Updated - November 10, 2015 7:07 AM EST)
SunEdison (NYSE: SUNE) reported Q3 EPS of ($0.91), which may not compare with the analyst estimate of ($0.69). Revenue for the quarter came in at $476 million versus the consensus estimate of $438.5 million.
- SunEdison Development: Continued Organic Execution
- Record 640 MW delivered Q3 vs. guidance of 540-600 MW; up 343 MW year-over-year
- 2.9 GW of projects under construction, up 1.0 GW quarter-over-quarter
- 7.9 GW Pipeline and 5.5 GW Backlog, 0.4 GW of pipeline additions
Outlook
The company has provided the following key metrics for the fourth quarter and full year 2015. The company expects the following, assuming no significant worldwide economic issues or other material events in these periods.
Key Metrics | 4Q'15 Outlook | FY 2015 Outlook |
Unlevered Annualized CAFD for Retained MW ($M) | 80 to 90 | 261 to 271 |
Total MW | 833 to 933 | 2,150 to 2,250 |
Retained MW | 515 to 590 | 1,610 to 1,685 |
3rd Party Sales MW | 318 to 343 | 540 to 565 |
The company's 10-Q can be seen here.
For earnings history and earnings-related data on SunEdison (SUNE) click here.
