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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Sunrun Inc. (RUN) on Thursday reported a loss of $2.81 billion in its fourth quarter.
The San Francisco-based company said it had a loss of $12.51 per share. Earnings, adjusted for asset impairment costs and non-recurring costs, came to $1.41 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share.
The solar energy products distributor posted revenue of $518.5 million in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $538.4 million.
For the year, the company reported a loss of $2.85 billion, or $12.81 per share. Revenue was reported as $2.04 billion.
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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