Sunworks Inc expected to post a loss of 26 cents a share - Earnings Preview

Sunworks

12/05/2023 17:17

* Sunworks Inc  SUNW.OQ   SUNW.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 15. 
    * The Roseville California-based  company is expected to
report  a
9.2% increase in revenue to $34.067 million from $31.2 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sunworks Inc is for
a
loss of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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
$4​, above​ its last closing price of $0.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.12       -0.12      -0.20     Missed  -66.7
 Sep. 30 2022              -0.14      -0.16     Missed  -10.3
 Jun. 30 2022  -0.21       -0.21      -0.23     Missed  -7​
                                      -0.28             
 ​​Dec.        -0.16       -0.17      -0.28     Missed  -60
 31 2021                                                
 Sep. 30 2021  -0.18       -0.18      -0.24     Missed  -33.3​
 Jun. 30 2021  -0.15       -0.15      -0.18     Missed  -20
 Mar. 31 2021  -0.10       -0.10      -0.19     Missed  -90
 This summary was machine generated May 12 at 16:17 GMT.  All
figures in US dollars  unless otherwise stated