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Stock impact report

Sunrun (RUN) to Report Q1 Earnings: What's in the Offing? [Yahoo! Finance]

Sunrun Inc. (RUN) 
NASDAQ:AMEX Investor Relations: investors.sunrun.com/investor-overview
Company Research Source: Yahoo! Finance
The company incurred a loss of $1.33, which came in wider than the Zacks Consensus Estimate of a loss of 13 cents in the last reported quarter. Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors at Play Although solar demand has been on the rise in the United States, the first quarter of a year is typically characterized by a seasonal slowdown after a rush to install projects at the end of the year. Therefore, anticipating that the first quarter of 2024 will also be seasonally a low installation quarter, installation activities for Sunrun might have been dismal, thereby adversely impacting its revenues. Sunrun Inc. Price and EPS Surprise Sunrun Inc. price-eps-surprise | Sunrun Inc. Quote Moreover, the company might have continued to witness a decline in its solar energy capacity installation influenced by the slower-than-expected recovery in California, in relation to the newly adopted changes to this state's net metering p Show less Read more
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