Sunrun Gains 2.1% as Investors Await Quarterly Results
Sunrun outpaced major U.S. indexes in its latest session, while forecasts point to higher quarterly earnings and revenue than a year earlier.
Key takeaways
- Sunrun rose 2.1% to $7.77, ahead of the S&P 500, Dow and Nasdaq.
- Zacks estimates quarterly earnings of $0.16 per share and revenue of $773.4 million.
Sunrun shares rose 2.1% to $7.77 in the latest session, outpacing gains in the S&P 500, Dow and Nasdaq. The indexes rose 0.58%, 0.49% and 0.45%, respectively.
The move followed a 14.4% decline in Sunrun shares over the past month, according to the source article. Over the same period, the Oils-Energy sector fell 0.73%, while the S&P 500 gained 0.84%.
Ahead of the company’s upcoming earnings release, Zacks estimates earnings of $0.16 per share and revenue of $773.4 million for the quarter. Those figures would be increases of 166.67% and 6.74%, respectively, from the year-earlier quarter.
This article was produced with the help of AI technology. Source: Yahoo Finance
