Energy

Sunrun (RUN) earnings Q1 2022

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Sunrun employee Gonzalo Najera carries a solar panel before installation at a home in Alamo, Calif., May 17, 2021.

Scott Strazzante | San Francisco Chronicle | Hearst Newspapers | Getty Images

Sunrun shares jumped 11% during extended trading Wednesday after the company posted first-quarter earnings results, including a 39% increase in customer orders over the same time last year.

Here are the numbers, versus estimates from analysts surveyed by Refinitiv:

  • Revenue: $495.8 million, versus $401.3 million expected.
  • Loss: 42 cents per share, versus a loss of 17 cents per share expected.

The company also raised its guidance, saying it expects installed solar capacity to be 25% or greater for 2022….



Source cnbc.com

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