Sunrun (RUN) Tops Q3 EPS Views; Guides Q4

Sunrun (NASDAQ: RUN) reported Q3 EPS of $0.16, $0.30 better than the analyst estimate of ($0.14). Revenue for the quarter came in at $112 million versus the consensus estimate of $132.61 million.

Third Quarter 2016 Operating Highlights

• Total deployments of 80 MW, an increase of 43% year-over-year
• Net Present Value created of $76 million, an increase of 53% year-over-year
• Creation Cost per watt improved by $0.38, or 10% from Q3 2015
• Cumulative MW deployed of 801 MW

In Q4, we expect to deploy approximately 80 MW. As such, for full year 2016, we are raising deployment guidance from 270 to 280 MW to approximately 285 MW.

For earnings history and earnings-related data on Sunrun (RUN) click here.

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