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

Sunworks

10/03/2023 15:07

* Sunworks Inc  SUNW.OQ  reported a quarterly adjusted loss
of 20
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss
of 12 cents per share.
    * Revenue rose 69.3% to $53.63 million from a year ago;
analysts
expected $40.37 million. 
    * Sunworks Inc's reported EPS for the quarter was a loss
of 20
cents​.
    * The mean earnings estimate of analysts was unchanged 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 19.6% this quarter.
    * The company reported a quarterly loss of $7.03 million.
    * Wall Street's median 12-month price target for Sunworks
Inc is
$5.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 10 at 03:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.12          -0.20          Missed
 Sep. 30 2022      -0.14          -0.16          Missed
 Jun. 30 2022      -0.21          -0.23          Missed
                                  -0.28