Sunrun is trading at $9.68, up 10.13%, in after-hours trading after Q3 revenue and earnings exceeded analyst expectations.
- Q3 revenue was $1.1 billion and earnings were $0.56 per share.
- A record 75% storage attachment rate and strong revenue growth bolstered results.
- Sunrun lowered full-year cash-generation guidance to approximately $200 million, the bottom of its prior range, tempering the outlook. Broader markets also rose on November 4, though the earnings beat is the clearest company-specific catalyst.