Sunrun(US:RUN) ZACKSยท2024-10-03 23:20Company Performance - Sunrun's stock closed at $16.84, reflecting a -1% change from the previous day, which is less than the S&P 500's daily loss of 0.17% [1] - Over the past month, Sunrun's shares have decreased by 13.35%, underperforming compared to the Oils-Energy sector's gain of 0.85% and the S&P 500's gain of 1.25% [1] Earnings Expectations - The upcoming earnings report for Sunrun is anticipated to show an EPS of -$0.13, representing a decline of 132.5% from the same quarter last year [2] - Revenue is expected to be $561.33 million, indicating a slight decrease of 0.33% compared to the previous year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates project an EPS of -$0.16 and revenue of $2.14 billion, reflecting increases of 97.76% and a decrease of 5.41% respectively from the last year [3] - Recent changes in analyst estimates suggest a correlation with the company's near-term business trends, indicating analysts' confidence in Sunrun's performance [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have delivered an average annual return of +25% since 1988 [5] - Sunrun currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate increasing by 55.98% over the last 30 days [5] - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 167, placing it in the bottom 34% of over 250 industries [5]