SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Thursday reported third-quarter profit of $16.6 million.
The San Francisco-based company said it had profit of 6 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The solar energy products distributor posted revenue of $724.6 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $604.9 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUN at https://www.zacks.com/ap/RUN
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