Workhorse Group Inc expected to post a loss of 18 cents a share - Earnings Preview

Workhorse

27/02/2023 19:32

* Workhorse Group Inc  WKHS.OQ   WKHS.O  is expected to show
a
rise in quarterly revenue when it reports  results on March 1. 
    * The Loveland Ohio-based  company is expected to report  a
715.5% decrease in revenue to $12.305 million from $-2 million 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 18 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 $3.5​, above​ its last closing price of $1.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.13       -0.12      -0.22     Missed  -77.2
 Jun. 30 2022  -0.12       -0.12      -0.13     Missed  -11
 Mar. 31 2022  -0.12       -0.12      -0.15     Missed  -29.6​
 Dec. 31 2021  -0.13       -0.14      -1.13     Missed  -732.7
 ​​Sep.        -0.27       -0.34      -0.77     Missed  -125.5
 30 2021                                                
 Jun. 30 2021  -0.29       -0.29      -0.35     Missed  -18.6​
 Mar. 31 2021  -0.17       -0.17      -0.98     Missed  -476.5
 Dec. 31 2020  -0.13       -0.13      3.22      Beat    2,576.
                                                        9
 This summary was machine generated February 27 at 19:32 GMT. 
All figures in US dollars  unless otherwise stated