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Benzinga
Benzinga
Business
Henry Khederian

Why Sunrun Shares Are Rising

Sunrun Inc (NASDAQ:RUN) shares are trading higher by 8.30% to $26.36 after the company reported better-than-expected first-quarter sales results.

Sunrun reported quarterly losses of 42 cents per share which missed the analyst consensus estimate of a loss of 17 cents. The company reported quarterly sales of $495.80 million which beat the analyst consensus estimate of $401.31 million by 24%.

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