Sunnova Energy Intl Q2 EPS $(0.74) Misses $(0.42) Estimate, Sales $166.38M Miss $197.10M Estimate
Portfolio Pulse from vinayak@benzinga.com
Sunnova Energy Intl reported Q2 losses of $(0.74) per share, missing the analyst consensus estimate of $(0.42) by 76.19%. This is a 131.25% increase in losses from the same period last year. The company also reported quarterly sales of $166.38 million, missing the analyst consensus estimate of $197.10 million by 15.59%. However, this is a 13.17% increase in sales from the same period last year.
July 26, 2023 | 8:10 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Sunnova Energy Intl's Q2 earnings missed analyst estimates, with losses per share increasing by 131.25% from last year. Sales also missed estimates but increased by 13.17% from last year.
Sunnova Energy Intl's Q2 earnings missed analyst estimates, which is likely to negatively impact investor sentiment and potentially the stock price. The increase in losses per share from last year is a concerning sign of the company's financial health. However, the increase in sales from last year could provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100