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Stock impact report

Q4 Rundown: Array (NASDAQ:ARRY) Vs Other Renewable Energy Stocks [Yahoo! Finance]

Sunrun Inc. (RUN) 
NASDAQ:AMEX Investor Relations: investors.sunrun.com/investor-overview
Company Research Source: Yahoo! Finance
Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation. Those who innovate and evolve with this dynamic market can win share while those who continue to rely on legacy technologies can see diminishing demand, which includes headwinds from increasing regulation against “dirty” energy. Additionally, these companies are at the whim of economic cycles, as interest rates can impact the willingness to invest in renewable energy projects. The 16 renewable energy stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 8.5% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8.2% since the latest earnings results. Array (NASDAQ:ARRY) Going public in October 2020, Array (NASDAQ:ARRY) is a global manufacturer of ground-mounting tracking systems for utility and distributed generation so Show less Read more
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