Workhorse Group Inc expected to post a loss of 15 cents a share - Earnings Preview

Workhorse

04/08/2023 19:40

* Workhorse Group Inc  WKHS.OQ   WKHS.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 8. 
    * The Loveland Ohio-based  company is expected to report  a
118,518.6% increase in revenue to $14.899 million from $12.56
thousand a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Workhorse Group Inc
is
for a loss of 15 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $2.5​, above​ its last closing price of $1.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.18       -0.18      -0.15     Beat    15.3
 Dec. 31 2023  -0.15       -0.18      -0.24     Missed  -33.2
 Sep. 30 2022  -0.13       -0.12      -0.22     Missed  -77.2​
 Jun. 30 2022  -0.12       -0.12      -0.13     Missed  -11
 ​​Mar.        -0.12       -0.12      -0.15     Missed  -29.6
 31 2022                                                
 Dec. 31 2021  -0.13       -0.14      -1.13     Missed  -732.7
                                                        ​
 Sep. 30 2021  -0.27       -0.34      -0.77     Missed  -125.5
 Jun. 30 2021  -0.29       -0.29      -0.35     Missed  -18.6
 This summary was machine generated August 4 at 18:39 GMT.  All
figures in US dollars  unless otherwise stated