Workhorse Group Inc expected to post a loss of $1.44 a share - Earnings Preview

Workhorse

16/08/2024 12:02

* Workhorse Group Inc  WKHS.OQ   WKHS.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 20
for the period ending June 30 2024
    * The Loveland Ohio-based  company is expected to report a
5.8% increase in revenue to $4.195 million from $3.97 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Workhorse Group Inc is
for a
loss of $1.44 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 Workhorse
Group
Inc is $7.20​, above​ its last closing price of $1.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -1.84       -1.85      -2.00     Missed  -8.1
 Dec. 31 2024  -1.91       -1.80      -3.80     Missed  -111.1
 Jan. 1 0001   -2.14       -2.40      -2.80     Missed  -16.7​
 Jun. 30 2023  -2.78       -2.95      -2.40     Beat    18.6
 ​​Mar.        -3.59       -3.54      -3.00     Beat    15.3
 31 2023                                                
 Dec. 31 2022  -2.90       -3.60      -4.80     Missed  -33.2​
 Sep. 30 2022  -2.63       -2.48      -4.40     Missed  -77.2
 Jan. 1 0001   -2.37       -2.34      -2.60     Missed  -11
 This summary was machine generated August 16 at 11:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)