Sunnova Energy International Inc. (NOVA) Misses Q4 EPS by 127c; offers guidance

Sunnova Energy International Inc. (NYSE: NOVA) reported Q4 EPS of ($1.53), $1.27 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $194.2 million versus the consensus estimate of $225.38 million.

GUIDANCE:

2024 Full Year Guidance

Sunnova management reaffirms its 2024 full year guidance:

Customer additions between 185,000 and 195,000;
Adjusted EBITDA between $350 million and $450 million;
Interest income between $150 million and $190 million; and
Principal proceeds from customer notes receivable, net of amounts recorded in revenue, and proceeds from investments in solar receivables between $210 million and $250 million.

For earnings history and earnings-related data on Sunnova Energy International Inc. (NOVA) click here.

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