On Wednesday, Vivint Solar (NYSE: VSLR)
will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Wall Street analysts see Vivint Solar reporting a loss of 32 cents per share on revenue of $66.88 million.
In the same quarter last year, Vivint Solar reported earnings per share of 41 cents on sales of $41.7 million. If the company
were to match the consensus estimate, earnings would be down 21.95 percent. Sales would be up 60.11 percent from the same quarter
last year.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter |
Q3 2017 |
Q2 2017 |
Q1 2017 |
Q4 2016 |
| EPS Estimate |
-0.29 |
-0.4 |
-0.42 |
-0.45 |
| EPS Actual |
-0.33 |
-0.33 |
-0.5 |
-0.41 |
Stock Performance
Over the last 52-week period, shares are down 4.76 percent. Given that these returns are generally negative, long-term
shareholders are likely unhappy going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The most common rating by analysts on
Vivint Solar stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Vivint Solar's Q4 is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here.
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