Sunrun (RUN) Reports Q3 Loss, Lags Revenue Estimates
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Sunrun (RUN) reported a Q3 loss of $0.37 per share, missing the Zacks Consensus Estimate of a $0.16 loss. This is a significant decline from the $0.40 earnings per share reported a year ago.
November 07, 2024 | 11:30 pm
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Sunrun reported a larger-than-expected Q3 loss of $0.37 per share, missing the consensus estimate and showing a significant decline from last year's earnings.
The reported loss of $0.37 per share is significantly worse than the expected loss of $0.16, indicating a negative surprise for investors. This, combined with a decline from last year's earnings, is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100