SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Wednesday reported second-quarter profit of $279.8 million.
On a per-share basis, the San Francisco-based company said it had profit of $1.07.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 18 cents per share.
The solar energy products distributor posted revenue of $569.3 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $557.2 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