Sunrun: Q2 Earnings Snapshot
By AP News
Published - Aug 06, 2024, 04:15 PM ET
Last Updated - Aug 06, 2024, 04:15 PM EDT
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Tuesday reported second-quarter earnings of $139.1 million.
The San Francisco-based company said it had profit of 55 cents per share.
The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 26 cents per share.
The solar energy products distributor posted revenue of $523.9 million in the period, which also beat Street forecasts. Ten analysts surveyed by Zacks expected $520.1 million.
