Investing.com - Sunnova Energy reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sunnova Energy announced earnings per share of $-0.54 on revenue of $149.36. Analysts polled by Investing.com anticipated EPS of $-0.27 on revenue of $130.58M.
Sunnova Energy shares are up 102.69% from the beginning of the year and are trading at $16.35 , down-from-52-week-high.
Sunnova Energy shares lost 3.60% in after-hours trade the report.
Sunnova Energy follows other major Utilities sector earnings this month
Sunnova Energy's report follows an earnings missed by Avangrid Inc on Tuesday, who reported EPS of $0.31 on revenue of $1.84B, compared to forecasts EPS of $0.35 on revenue of $1.71B.
Portland General Electric had beat expectations on Tuesday with third quarter EPS of $0.65 on revenue of $743M, compared to forecast for EPS of $0.62 on revenue of $633.35M.
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