Sunworks Inc expected to post a loss of 18 cents a share - Earnings Preview

Sunworks

03/11/2021 09:46

* Sunworks Inc  SUNW.OQ   SUNW.O  is expected to show a rise in
quarterly revenue when it reports  results on November 11. 
* The Roseville, California-based company is expected to report 
a 351.8% increase in revenue to $33 million from $7.3 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 18 cents per share. For the same quarter last year, the
company reported a loss of 17 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "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
$8​, about 21.6% above​ its last closing price of $6.27. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   -0.15       -0.15      -0.18     Missed  -20
 Mar. 312021   -0.10       -0.10      -0.19     Missed  -90
                                                        ​
 Sep. 302020   -0.05       -0.05      -0.17     Missed  -240
 ​​Jun.        -0.05       -0.05      -0.09     Missed  -80
 302020                                                 
 Mar. 312020   -0.07       -0.07      -0.60     Missed  -757.1
                                                        ​
 Dec. 312019               -0.03      -0.59     Missed  -1,866
                                                        .7
 Sep. 302019               0.00       -0.26     Missed  
 This summary was machine generated November 3 at 09:45 GMT.  All
figures in US dollars unless otherwise stated