Sunrun Sees Q3 2024 Cash Generation $50M-$125M
Portfolio Pulse from Benzinga Newsdesk
Sunrun has reiterated its guidance for Q3 2024 cash generation between $50M-$125M and introduced full-year 2025 guidance of $350M-$600M. The company expects significant growth in storage capacity but a decline in solar energy capacity for 2024.
August 06, 2024 | 9:23 pm
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Sunrun has reiterated its Q3 2024 cash generation guidance of $50M-$125M and introduced full-year 2025 guidance of $350M-$600M. The company expects significant growth in storage capacity but a decline in solar energy capacity for 2024.
The positive cash generation guidance and significant growth in storage capacity are likely to boost investor confidence. However, the expected decline in solar energy capacity for 2024 may temper some of the enthusiasm.
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