Sunnova Energy Intl Q2 2024 Adj EPS $(0.27) Beats $(0.63) Estimate, Sales $219.60M Beat $216.78M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sunnova Energy Intl (NYSE:NOVA) reported better-than-expected Q2 2024 results with an adjusted EPS of $(0.27) beating the $(0.63) estimate and sales of $219.60 million surpassing the $216.78 million estimate. This represents a 31.99% increase in sales compared to the same period last year.
July 31, 2024 | 8:20 pm
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Sunnova Energy Intl (NYSE:NOVA) reported Q2 2024 results that exceeded analyst expectations with an adjusted EPS of $(0.27) beating the $(0.63) estimate and sales of $219.60 million surpassing the $216.78 million estimate. This strong performance, including a 31.99% YoY increase in sales, is likely to positively impact the stock price in the short term.
The better-than-expected earnings and revenue figures, along with a significant year-over-year increase in sales, indicate strong operational performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
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