Sunrun closed the most recent trading day at $8.33, down 2.69% from the previous session, a larger drop than the S&P 500's 0.48% loss, while the Dow fell 0.29% and the Nasdaq lost 0.56%. The solar energy products distributor has declined 16% over the past month, lagging the Oils-Energy sector's 4.87% gain and the S&P 500's 0.82% loss. Ahead of its upcoming earnings release, analysts expect Sunrun to post earnings of $0.21 per share, which would mark year-over-year growth of 250%, on quarterly revenue of $764.23 million, up 5.48% from the year-ago period. For the full fiscal year, the Zacks Consensus Estimates predict earnings of $1.18 per share and revenue of $3.07 billion, changes of -30.99% and +3.85% respectively from the prior year. Over the past month the Zacks Consensus EPS estimate has shifted 5.03% upward, and Sunrun currently carries a Zacks Rank of #3 (Hold) and trades at a Forward P/E of 7.24, a discount to its industry's average Forward P/E of 11.76.
Sunrun IncAnalysts lifted the Zacks Consensus EPS estimate 5.03% ahead of earnings, though the stock fell 2.69% and carries a Hold rank.
