Sunnova Energy Intl Earnings Preview
Portfolio Pulse from Benzinga Insights
Sunnova Energy Intl (NYSE:NOVA) is scheduled to release its quarterly earnings report on February 21, 2024, with an estimated EPS of $-0.18. Despite past earnings misses, the company's stock price has shown volatility post-earnings announcements. Shares are currently trading at $11.27, reflecting a 34.64% decline over the last year. Investors are looking for positive guidance for the next quarter.
February 20, 2024 | 4:01 pm
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Sunnova Energy Intl is expected to report an EPS of $-0.18 for the upcoming quarter. Historical data shows significant stock price movements post-earnings, with a 34.64% decline over the past year.
Given NOVA's history of stock price volatility post-earnings, the upcoming report could lead to similar short-term movements. However, the long-term decline suggests underlying concerns. The focus will be on whether NOVA can beat the EPS estimate and provide positive future guidance, which could influence investor sentiment and stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100