Sunrun (RUN) Misses Q4 EPS by 11c, Revenues Beat
Sunrun (NASDAQ: RUN) reported Q4 EPS of $0.10, $0.11 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $243.9 million versus the consensus estimate of $226.6 million.
“In 2019 we generated $102 million in cash, exceeding our target. We also grew our customer base by 22%, adding as many customers as the next two largest residential providers combined, while increasing adoption of Brightbox, our solar and battery offering, to record levels,” said Lynn Jurich, Sunrun’s Chief Executive Officer and co-founder. “People want resilient, affordable clean energy solutions to help fight climate change and protect themselves from an increasingly unreliable electricity system. Sunrun is enabling this transition today and putting power in the hands of individuals to drive change.”
For earnings history and earnings-related data on Sunrun (RUN) click here.
