Sunworks Inc expected to post a loss of 24 cents a share - Earnings Preview

Reuters2023-11-04

* Sunworks Inc is expected to show a rise in quarterly revenue when it reports results

* The Provo Utah-based company is expected to report a 5.4% increase in revenue to $42.9 million from $40.71 million a year ago, according to the estimate from one analyst, based on LSEG data.

* Refinitiv's mean analyst estimate for Sunworks Inc is for a loss of 24 cents per share.

* 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."

* 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 $2.6, above its last closing price of $0.37.

This summary was machine generated November 3 at 17:01 GMT. All figures in US dollars unless otherwise stated.

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