Sunnova Energy International Inc. (NOVA) Misses Q1 EPS by 4c

Sunnova Energy International Inc. (NYSE: NOVA) reported Q1 EPS of ($0.30), $0.04 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $65.7 million versus the consensus estimate of $64.84 million.

GUIDANCE:

Sunnova management reaffirms its 2022 guidance of:

• Customer additions of between 85,000 and 89,000;
• Adjusted EBITDA of between $117 million and $137 million;
• Customer interest payments received from solar loans of between $45 million and $55 million; and
• Customer principal payments received from solar loans, net of amounts recorded in revenue, of between $134 million and $154 million.

For earnings history and earnings-related data on Sunnova Energy International Inc. (NOVA) click here.

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