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Thursday, November 10, 2016

=Sunrun (RUN) reported earnings on Thur 10 Nov 2016 (a/h)






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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