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Curious about Sunrun (RUN) Q3 Performance? Explore Wall Street Estimates for Key Metrics
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The upcoming report from Sunrun (RUN - Free Report) is expected to reveal quarterly earnings of $0.26 per share, indicating an increase of 333.3% compared to the year-ago period. Analysts forecast revenues of $804.1 million, representing an increase of 11% year over year.
The current level reflects an upward revision of 49.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific Sunrun metrics that are commonly monitored and projected by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Customer agreements and incentives' reaching $543.43 million. The estimate suggests a change of +10.5% year over year.
Analysts forecast 'Revenue- Solar energy systems and product sales' to reach $260.92 million. The estimate indicates a year-over-year change of +12%.
Based on the collective assessment of analysts, 'Revenue- Solar energy systems' should arrive at $99.68 million. The estimate indicates a change of -39.5% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenue- Incentives' should come in at $63.86 million. The estimate indicates a change of +92.7% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Products' will reach $68.30 million. The estimate indicates a year-over-year change of +0.2%.
Analysts predict that the 'Customer additions' will reach 25,522 . The estimate is in contrast to the year-ago figure of 32,833 .
The combined assessment of analysts suggests that 'Storage Capacity Installed' will likely reach 375 megawatt hours. The estimate is in contrast to the year-ago figure of 412 megawatt hours.
Analysts expect 'Solar Capacity Installed' to come in at 186 megawatts. Compared to the present estimate, the company reported 239 megawatts in the same quarter last year.
The collective assessment of analysts points to an estimated 'Customer Additions with Storage' of 18,517 . Compared to the present estimate, the company reported 22,822 in the same quarter last year.
The average prediction of analysts places 'Subscriber additions' at 22,202 . The estimate is in contrast to the year-ago figure of 30,104 .
The consensus estimate for 'Subscriber Value' stands at $59594.20 . Compared to the current estimate, the company reported $52446.00 in the same quarter of the previous year.
It is projected by analysts that the 'Contracted Subscriber Value' will reach $55033.00 . The estimate is in contrast to the year-ago figure of $48507.00 .
Sunrun shares have witnessed a change of +8.4% in the past month, in contrast to the Zacks S&P 500 composite's -2.3% move. With a Zacks Rank #3 (Hold), RUN is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Curious about Sunrun (RUN) Q3 Performance? Explore Wall Street Estimates for Key Metrics
The upcoming report from Sunrun (RUN - Free Report) is expected to reveal quarterly earnings of $0.26 per share, indicating an increase of 333.3% compared to the year-ago period. Analysts forecast revenues of $804.1 million, representing an increase of 11% year over year.
The current level reflects an upward revision of 49.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific Sunrun metrics that are commonly monitored and projected by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Customer agreements and incentives' reaching $543.43 million. The estimate suggests a change of +10.5% year over year.
Analysts forecast 'Revenue- Solar energy systems and product sales' to reach $260.92 million. The estimate indicates a year-over-year change of +12%.
Based on the collective assessment of analysts, 'Revenue- Solar energy systems' should arrive at $99.68 million. The estimate indicates a change of -39.5% from the prior-year quarter.
According to the collective judgment of analysts, 'Revenue- Incentives' should come in at $63.86 million. The estimate indicates a change of +92.7% from the prior-year quarter.
The consensus among analysts is that 'Revenue- Products' will reach $68.30 million. The estimate indicates a year-over-year change of +0.2%.
Analysts predict that the 'Customer additions' will reach 25,522 . The estimate is in contrast to the year-ago figure of 32,833 .
The combined assessment of analysts suggests that 'Storage Capacity Installed' will likely reach 375 megawatt hours. The estimate is in contrast to the year-ago figure of 412 megawatt hours.
Analysts expect 'Solar Capacity Installed' to come in at 186 megawatts. Compared to the present estimate, the company reported 239 megawatts in the same quarter last year.
The collective assessment of analysts points to an estimated 'Customer Additions with Storage' of 18,517 . Compared to the present estimate, the company reported 22,822 in the same quarter last year.
The average prediction of analysts places 'Subscriber additions' at 22,202 . The estimate is in contrast to the year-ago figure of 30,104 .
The consensus estimate for 'Subscriber Value' stands at $59594.20 . Compared to the current estimate, the company reported $52446.00 in the same quarter of the previous year.
It is projected by analysts that the 'Contracted Subscriber Value' will reach $55033.00 . The estimate is in contrast to the year-ago figure of $48507.00 .
View all Key Company Metrics for Sunrun here>>>Sunrun shares have witnessed a change of +8.4% in the past month, in contrast to the Zacks S&P 500 composite's -2.3% move. With a Zacks Rank #3 (Hold), RUN is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .