🌞 Sunrun's Earnings Report: A Turnaround in Sight? 🌞On November 5th, Sunrun, a residential solar energy company, will release its earnings report after the market closes. This report will provide valuable insights into the company's financial health and future prospects.Last quarter, Sunrun outperformed expectations, reporting a revenue increase of 8.7% year over year, totaling $569.3 million. The company also surpassed estimates for its customer base and earnings per share, adding over 30,000 new customers to reach a total of 1.11 million.For the upcoming quarter, analysts predict a 10.2% year over year revenue growth, reaching $592 million. This is a significant improvement from the 4.6% decrease recorded in the same quarter last year. Adjusted earnings are projected to be 12 cents per share.While analysts have maintained their estimates over the past 30 days, indicating a stable outlook, it's important to note that Sunrun has missed Wall Street's revenue estimates five times in the last two years. Other renewable energy companies, like Bloom Energy and Enphase, have reported mixed third-quarter results, offering a glimpse into the sector's performance.The broader renewable energy sector has experienced some volatility recently, with share prices down an average of 2.5% over the last month. Sunrun is down 1.3% during this period, heading into earnings with an average analyst price target of $21.03, compared to its current share price of $19.

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