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Why Sunnova Energy Stock Just Jumped 19%
NOVASunnova(NOVA) The Motley Fool·2024-05-02 16:24

Sunnova seems much better at losing money than generating growth.Sunnova Energy International (NOVA 23.19%) stock looks blazing hot this morning, up 18.8% through 11:05 a.m. ET after the company reported what appears to be a (sort of) an earnings beat last night.Analysts had forecast the solar power stock would lose $0.73 per share on sales of $194.9 million in the first quarter of 2024. Instead, the company reported losses of only $0.57 on sales of $160.9 million. Sunnova's Q1 earningsSo it's an earnings b ...