Company Performance - Sunrun's stock closed at $9.84, reflecting a decrease of 11.43% from the previous trading session, which is less than the S&P 500's daily loss of 0.07% [1] - Over the last month, Sunrun's shares have increased by 34.34%, outperforming the Oils-Energy sector's gain of 3.17% and the S&P 500's gain of 3.94% [1] Earnings Forecast - The upcoming earnings report for Sunrun is expected to show an EPS of -$0.14, indicating a 125.45% decline compared to the same quarter last year [2] - Quarterly revenue is forecasted at $549.27 million, which represents a 4.85% increase from the previous year [2] Full Year Projections - For the full year, earnings are projected at -$0.30 per share and revenue at $2.27 billion, reflecting changes of -122.56% and +11.36% respectively from the prior year [3] - Recent changes in analyst estimates for Sunrun suggest a shifting business landscape, with positive alterations indicating analyst optimism regarding the company's profitability [3] Analyst Ratings - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has Sunrun currently rated at 2 (Buy) [5] - Over the past month, the Zacks Consensus EPS estimate for Sunrun has increased by 4.07% [5] Industry Context - The solar industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 36, placing it in the top 15% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Sunrun (RUN) Suffers a Larger Drop Than the General Market: Key Insights