Sunworks Inc expected to post a loss of 16 cents a share - Earnings Preview

Sunworks

04/08/2023 17:50

* Sunworks Inc  SUNW.OQ   SUNW.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 7
(estimated). 
    * The Provo Utah-based  company is expected to report  a
19.8% increase in revenue to $43.6 million from $36.4 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sunworks Inc is for
a
loss of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sunworks
Inc is
$2.85​, above​ its last closing price of $1.45. ​​​

This summary was machine generated August 4 at 16:50 GMT.  All
figures in US dollars  unless otherwise stated