Sunrun (RUN) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Sunrun's stock closed at $6.71, reflecting a +0.75% change from the previous day, outperforming the S&P 500's loss of 0.22% [1] - Over the past month, Sunrun's shares have decreased by 22.65%, significantly underperforming the Oils-Energy sector's loss of 1.22% and the S&P 500's loss of 7.48% [1] Earnings Projections - The upcoming earnings report for Sunrun is projected to show an EPS of -$ 0.29, which is a 27.5% increase compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $493.5 million, representing a 7.71% increase from the prior-year quarter [2] Annual Forecast - For the entire year, the Zacks Consensus Estimates predict an EPS of -$ 0.72 and revenue of $2.26 billion, indicating a -154.14% change in earnings and a +10.79% change in revenue compared to the previous year [3] - Changes in analyst estimates for Sunrun are crucial as they reflect the evolving business trends, with positive revisions indicating optimism about the company's outlook [3] Industry Context - The solar industry, part of the Oils-Energy sector, currently holds a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [6]