Investing.com - Sunworks reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Sunworks announced earnings per share of $-0.160 on revenue of $40.71M. Analysts polled by Investing.com anticipated EPS of $-0.130 on revenue of $37.35M.
Sunworks shares are down 41.36% from the beginning of the year and are trading at $2.065 , down-from-52-week-high.
Sunworks shares gained 0.23% in intra-day trade the report.
Sunworks follows other major Industrials sector earnings this month
Sunworks's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.59B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Honeywell had beat expectations on October 27 with third quarter EPS of $2.25 on revenue of $8.95B, compared to forecast for EPS of $2.16 on revenue of $8.99B.
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