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Stock impact report

Emeren Group (SOL) Reports Q1 Loss, Revenues Rise 15% Y/Y [Yahoo! Finance]

Sunnova Energy International Inc. (NOVA) 
Last sunnova energy international inc. earnings: 2/24 04:43 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The company incurred a loss per American Depositary Share (“ADS”) of 8 cents for the first quarter of 2024, which missed the Zacks Consensus Estimate of break-even earnings. The figure also reflects a deterioration from the year-ago quarter's reported figure of break-even earnings. Revenues Emeren's first-quarter net revenues of $14.8 million improved a solid 14.8% from $12.9 million reported in the year-ago period. However, the reported figure lagged the Zacks Consensus Estimate of $18 million by 18.9%. Emeren Group Ltd. Sponsored ADR Price, Consensus and EPS Surprise Emeren Group Ltd. Sponsored ADR price-consensus-eps-surprise-chart | Emeren Group Ltd. Sponsored ADR Quote The year-over-year improvement can be attributed to the company's expanding Development Service Agreement business. Projects As of Mar 31, 2024, SOL had 255 megawatts (MW) of projects in operation. Of these, the company operates 67 MW in Europe, 24 MW in the United States and 164 MW in China. Durin Show less Read more
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