Why Shares of Sunlight Financial Are Falling Today

Shares of the home improvement and solar lender Sunlight Financial Holdings (NYSE: SUNL) dropped as much as 14% at one point this morning after the company reported earnings results for the third quarter of the year.

Sunlight reported a loss of $0.15 diluted earnings per share on total revenue of $28.6 million. Analysts had projected the company to turn a profit of $0.06 in the quarter.

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Source Fool.com