Sunrun (RUN) Misses Q1 EPS, Revs Beat
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Sunrun (NASDAQ: RUN) reported Q1 EPS of ($0.23), which may not compare to the analyst estimate of $0.01. Revenue for the quarter came in at $210.7 million versus the consensus estimate of $196.7 million.
“Sunrun has dramatically increased our corporate metabolism over the past few weeks. We’ve made the process of going solar nearly contact-free for our customers, launched digital selling, made investments in our technology platform, and accelerated process improvements. We will emerge a stronger business,” said Lynn Jurich, Sunrun’s Chief Executive Officer and co-founder. “Our orders reached a single-day all-time high at the end of April as consumers are choosing to power through. Sunrun’s services give people peace of mind financially and enable them to safeguard their families against the increasingly unreliable electricity grid when they need power most, all while making the planet a better place to live.”
For earnings history and earnings-related data on Sunrun (RUN) click here.
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