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

Sunworks

12/08/2021 22:06

* Sunworks Inc  SUNW.OQ  reported a quarterly adjusted loss
of 18 cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 15 cents per
share.
* Revenue rose 231.9% to $32.09 million from a year ago; 
analysts expected $33.30 million. 
* Sunworks Inc's reported EPS for the quarter was a loss of 7
cents​.
* The mean earnings estimate of analysts had fallen by
about 114.3% 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 fallen by 20.3% this quarter and
gained 63.7% so far this year.
* The company reported a quarterly loss of $1.87 million.
* Wall Street's median 12-month price target for Sunworks Inc is
$8.00 
* 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." 
This summary was machine generated August 12 at 09:06 p.m.  ​All
figures in US dollars unless otherwise stated