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via finance.yahoo.comMarkets

Sunrun Stock Jumps 21% Despite Guiding to Low End

FROM THE WIRE · FINANCE.YAHOO.COM

This article first appeared on GuruFocus. Sunrun Inc. (NASDAQ:RUN), the largest U.S. provider of home battery storage and solar systems, rose 21.44% in premarket after it reported third-quarter revenue up 52% to $1.10 billion, well ahead of analysts' consensus of $757.53…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRevenue and earnings well above estimates drive the stock higher despite cautious guidance.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Sunrun reported third-quarter revenue up 52% to $1.10 billion.
  2. 02Diluted EPS rose to $0.56 versus a $0.16 estimate.
  3. 03Energy systems and product sales revenue rose 134% to $546.0 million.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Sunrun Inc.RUNStock9.32 USD-0.37%today +6.03%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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