Sunrun Reports Third Quarter 2023 Financial Results

Go back to Sunrun Reports Third Quarter 2023 Financial Results

BMO Capital Downgrades Sunrun (RUN) to Market Perform

November 2, 2023 6:28 AM EDT

BMO Capital analyst Ameet Thakkar downgraded Sunrun (NASDAQ: RUN) from Outperform to Market Perform with a price target of $12.00 (from $17.00).

The analyst comments "Downgrading RUN to Market Perform and lowering price target to $12/share. We appreciate RUNs cautious approach to residential solar... More

Sunrun (RUN) Tops Q3 EPS by 52c; offers guidance

November 1, 2023 4:06 PM EDT

(Updated - November 1, 2023 5:39 PM EDT)

Sunrun (NASDAQ: RUN) reported Q3 EPS of $0.40, $0.52 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $563.2 million versus the consensus estimate of $581.97 million.

GUIDANCE:

Sunrun is sharpening its focus on cash generation and continues to execute a customer-first, sustainable growth strategy that does not require equity funding. As a... More