Vivint Solar, Inc. (VSLR) Beats Street 4Q Forecasts

Vivint Solar, Inc. (VSLR) reported fourth quarter EPS of ($0.36) after the closing bell Wednesday, compared to the consensus estimate of ($0.52). Revenues increased 248.2% from last year to $6.86 million. Analysts expected revenues of $6.01 million. The stock is now up $0.31, or 3.63%, to $8.84 on 2.07 million shares.

For full-year 2014, the company reported total revenue of $25.3 million, up 309% from $6.2 million in the prior year.

For Q1’15, VSLR provided revenue projection of $8.0-$8.5 million, compared to the consensus revenue estimate of $9.08 million. Total operating expenses are expected to be between $47 – $50 million.

On valuation measures, Vivint Solar Inc. shares, which currently have an average 3-month trading volume of 761,945 shares, trade with a t-12 price/sale ratio of  42.08. The median Wall Street price target on the name is $17.00 with a high target of $18.00. Currently ticker boasts 4 ‘Buy’ endorsements, compared to 2 ’Holds’ and no ‘Sell’.

Profitability-wise, VSLR has a t-12 profit and operating margin of (95.87%) and (682.57%), respectively. The $898.23 million market cap company reported $261.6 million in cash vs. $105 million in debt in its most recent quarter.

VSLR currently prints a one year loss of 46.66% and a year-to-date loss of around 7.50%.

The chart below shows where the equity has traded over the last 52 weeks.

Vivint Solar Inc. provides solar energy systems to residential customers in the United States. The company was founded in 2011 and is headquartered in Provo, Utah.

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