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SUNW Expected to Beat Earnings Estimates on March 11

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Sunworks, SUNW, is expected to post quarterly loss of $0.21 per share, a year-over-year change of +25%, while revenues are expected to be $29.5 million, up 243.8% from the last year quarter.

Sunworks provides photovoltaic based power systems for the agricultural, commercial, industrial, public works, and residential markets in California, Massachusetts, Nevada, Oregon, New Jersey, and Hawaii.

My price targets for SUNW in this energy booming economy are $6.40 and $8.05.

Looking forward to read your opinion about it.

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