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

Sunworks

09/08/2022 14:32

* Sunworks Inc  SUNW.OQ  reported a quarterly adjusted loss
of 23
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 21
cents per share.
    * Revenue rose 13.4% to $36.40 million from a year ago;
analysts
expected $33.45 million. 
    * Sunworks Inc's reported EPS for the quarter was a loss
of 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.3%
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 risen by 77.8% this quarter and
lost 8.5% so far this year.
    * The company reported a quarterly loss of $7.59 million.
    * Wall Street's median 12-month price target for Sunworks
Inc is
$3.25 
    * 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 from Refinitiv data August 9
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.21          -0.23          Missed
                                  -0.28          
 Dec. 31 2021      -0.17          -0.28          Missed
 Sep. 30 2021      -0.18          -0.24          Missed