Investing.com - Sunrun Inc reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Sunrun Inc announced earnings per share of $0.96 on revenue of $631.9M. Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $560.23M.
Sunrun Inc shares are down 42% from the beginning of the year and are trading at $23.00 , down-from-52-week-high.
Sunrun Inc shares gained 6.19% in after-hours trade the report.
Sunrun Inc follows other major Industrials sector earnings this month
Sunrun Inc's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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