Earnings miss: Shenzhen Sunway Communication Co., Ltd.’s EPS came in 53% below expectations as analysts revise forecasts

Shenzhen Sunway Communication’s latest quarterly results fell short of market expectations, with EPS coming in 53% below forecasts. In response, analysts are revising their forward estimates with a bias toward downward revisions.

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The story

Shenzhen Sunway Communication Co., Ltd. (Shenzhen Stock Exchange: 300136) reported weaker-than-expected results in its latest quarter.

EPS came in 53% below market expectations, disappointing overly optimistic forecasts.

Analysts are revising their forward estimates in response to the results, with a new outlook expected to be issued shortly.

At a glance

Company nameShenzhen Sunway Communication Co., Ltd. (300136)

Quarterly ResultsLatest quarterly results below expectations

EPS variance53% below expectations

Analyst activityRevising forecasts

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