Sunworks Inc reports results for the quarter ended in December - Earnings Summary

Sunworks

11/03/2022 17:26

* Sunworks Inc  SUNW.OQ  reported a quarterly adjusted loss
of 28
cents​​ per share for the quarter ended in December. The mean
expectation of two analysts for the quarter was for a loss of 17
cents per share.
    * Revenue rose 269.2% to $31.67 million from a year ago; 
analysts
expected $31.40 million. 
    * Sunworks Inc's reported EPS for the quarter was a loss
of 47
cents​.
    * The mean earnings estimate of analysts had risen by
about 27.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sunworks Inc shares had risen by 12.1% this quarter.
    * The company reported a quarterly loss of $13.49 million.
    * Wall Street's median 12-month price target for Sunworks
Inc is
$6.08 
    * 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." 

This summary was machine generated March 11 at 05:26 p.m.  ​All
figures in US dollars unless otherwise stated