Sunrun Q2 EPS $0.25 Beats $(0.34) Estimate, Sales $590.19M Miss $621.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sunrun (NASDAQ:RUN) reported Q2 earnings of $0.25 per share, beating the analyst consensus estimate of $(0.34) by 173.53%. However, the company's quarterly sales of $590.19 million missed the analyst consensus estimate of $621.86 million by 5.09%. This represents a 0.96% increase over sales from the same period last year.
August 04, 2023 | 12:05 pm
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NEUTRAL IMPACT
Sunrun's Q2 earnings beat estimates but sales fell short. This mixed result could lead to uncertainty in the market.
Sunrun's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The mixed results could lead to uncertainty in the market, potentially impacting the stock price.
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