Sunrun beats by $0.48, misses on revs :
- Reports Q3 (Sep) earnings of $0.16 per share, $0.48 better than the Capital IQ Consensus of ($0.32); revenues rose 35.6% year/year to $112 mln vs the $132.61 mln Capital IQ Consensus.
- Total deployments of 80 MW, an increase of 43% year-over-year
- Net Present Value created of $76 million, an increase of 53% year-over-year
- Creation Cost per watt improved by $0.38, or 10% from Q3 2015
- Cumulative MW deployed of 801 MW
- Outlook: In Q4, we expect to deploy approximately 80 MW. As such, for full year 2016, we are raising deployment guidance from 270 to 280 MW to approximately 285 MW.
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