Sunnova Energy International Inc expected to post a loss of 73 cents a share - Earnings Preview

Sunnova Energy International

29/04/2024 22:39

* Sunnova Energy International Inc  NOVA.N   NOVA.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 1 for the period ending March 31 2024
    * The Houston Texas-based  company is expected to report a
20.5% increase in revenue to $194.883 million from $161.7
million a year ago, according to the mean estimate from 23
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sunnova Energy
International
Inc is for a loss of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 19 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 31.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Sunnova
Energy
International Inc is $14.00​, above​ its last closing price
of $4.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.32       -0.18      -1.43     Missed  -693.3
 Jan. 1 2023   -0.35       -0.23      -0.53     Missed  -132.6
 Jun. 30 2023  -0.43       -0.42      -0.74     Missed  -75.5​
 Mar. 31 2023  -0.73       -0.65      -0.70     Missed  -8
 ​​Dec.        -0.39       -0.37      -0.18     Beat    51.4
 31 2022                                                
 Sep. 30 2022  -0.25       -0.28      -0.54     Missed  -95.7​
 Jun. 30 2022  -0.21       -0.20      -0.32     Missed  -61.2
 Mar. 31 2022  -0.33       -0.27      -0.30     Missed  -10.4
 This summary was machine generated April 29 at 21:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)