Sunrun Reports Second Quarter 2017 Financial Results

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Go back to Sunrun Reports Second Quarter 2017 Financial Results

Sunrun (RUN) PT Raised to $8 at BofA/Merrill Lynch; Reiterates Neutral

August 8, 2017 9:36 AM EDT

BofA/Merrill Lynch raised its price target on Sunrun (NASDAQ: RUN) to $8.00 (from $7.75) while maintaining a Neutral rating. RUN reported 2Q revenue of $138M, below consensus of $143M. Adjusted EPS of $0.23 beat Street expectations of $0.17.

RUN extended Tax Equity runway to 2Q18,... More

Sunrun (RUN) Reports Q2 EPS of $0.23

August 7, 2017 4:31 PM EDT

Sunrun (NASDAQ: RUN) reported Q2 EPS of $0.23, versus $0.31 reported last year. Revenue for the quarter came in at $137.85 million, versus $122.54 thousand reported last year.

Total deployments of 76 MW, an increase of 16% year-over-year
Net Present Value of $74 million created, an increase of 56% year-over-year
Creation Cost per watt... More