Sunrun Inc. (NASDAQ:RUN) Scheduled to Post Earnings on Monday
Sunrun Inc. (NASDAQ:RUN) is scheduled to post its quarterly earnings results after the market closes on Monday, August 7th. Analysts expect Sunrun to post earnings of $0.34 per share for the quarter.
Sunrun (NASDAQ:RUN) last issued its quarterly earnings results on Wednesday, May 10th. The energy company reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.15. Sunrun had a net margin of 19.88% and a return on equity of 10.42%. The company had revenue of $104.10 million during the quarter, compared to analysts’ expectations of $117.13 million. During the same period last year, the business earned $0.13 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. On average, analysts expect Sunrun to post $1.05 EPS for the current fiscal year and $1.50 EPS for the next fiscal year.
Sunrun Inc. (NASDAQ:RUN) opened at 7.27 on Friday. The company has a 50 day moving average of $6.86 and a 200 day moving average of $5.71. The company has a market capitalization of $766.58 million, a PE ratio of 8.47 and a beta of -0.69. Sunrun Inc. has a 1-year low of $4.15 and a 1-year high of $7.64.
A number of brokerages have recently weighed in on RUN. ValuEngine raised Sunrun from a “buy” rating to a “strong-buy” rating in a research report on Thursday, July 6th. Zacks Investment Research raised Sunrun from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research report on Wednesday, July 12th. Finally, Goldman Sachs Group, Inc. (The) set a $10.00 target price on Sunrun and gave the stock a “buy” rating in a research report on Tuesday, June 20th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company. Sunrun has a consensus rating of “Buy” and an average target price of $9.42.
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Sunrun Inc is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. The Company is engaged in providing solar energy services and products to its customers. As of December 31, 2016, it operated a fleet of residential solar energy systems in the United States, with approximately 134,000 customers across 16 states, as well as the District of Columbia.
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