Why Sunnova Energy Stock Just Jumped 19%
NOVASunnova(NOVA) The Motley Fool·2024-05-03 00:24

Sunnova seems much better at losing money than generating growth. Sunnova Energy International (NOVA 23.19%) stock looks blazing hot this morning, up 18.8% through 11:05 a.m. ET after the company reported what appears to be a (sort of) an earnings beat last night. Analysts had forecast the solar power stock would lose 0.73pershareonsalesof0.73 per share on sales of 194.9 million in the first quarter of 2024. Instead, the company reported losses of only 0.57onsalesof0.57 on sales of 160.9 million. Sunnova's Q1 earnings So it's an earning ...