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Sunrun (RUN) Tops Q3 EPS by 8c, Approves $50M Buyback

November 12, 2019 4:09 PM

Sunrun (NASDAQ: RUN) reported Q3 EPS of $0.23, $0.08 better than the analyst estimate of $0.15. Revenue for the quarter came in at $215.5 million versus the consensus estimate of $209.44 million.

Guidance for Fourth Quarter 2019:

The company also announced that its Board of Directors has approved a stock repurchase program authorizing the Company to repurchase up to $50 million of its outstanding common stock from time to time over the next three years. The shares may be repurchased in the open market or in privately negotiated transactions, depending upon market conditions and other factors, and in accordance with applicable regulations of the Securities and Exchange Commission. The stock repurchase program may be terminated or amended by the Board at any time prior to the expiration date.

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

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Earnings Stock Buybacks

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