Sunnova Energy International Inc. (NOVA) Reports Mixed Q1 2024 Results, Misses Revenue Estimates
Revenue Declines Slightly as Company Focuses on Core Adaptive Energy Customers
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Revenue Declines Slightly as Company Focuses on Core Adaptive Energy Customers
Sunnova Energy reported quarterly losses of $1.53 per share which missed the analyst consensus estimate of loss of 18 cents by 750% and is a 750% decrease over losses of 18 cents per share from the same period last year.
Challenges Overshadow Customer Expansion and Revenue Uptick
Biden gave Sunnova a $3 billion contract earlier this year. Now, the solar company is under fire and investigation for allegedly targeting elderly, ill customers.
Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Sunnova Energy International (NYSE:NOVA – Free Report) in a research report sent to investors on Friday, MarketBeat.com reports. They currently have a $12.50 price target on the stock, down from their prior price target of $23.00. A number of other equities analysts have also recently […]