Workhorse Group Inc expected to post a loss of 83 cents a share - Earnings Preview

Workhorse

12/11/2024 15:48

* Workhorse Group Inc  WKHS.OQ   WKHS.O  is expected to show
a
rise in quarterly revenue when it reports  results on November
14 for the period ending September 30 2024
    * The Loveland Ohio-based  company is expected to report a
13.0% increase in revenue to $3.423 million from $3.03 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 83 cents 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 $5.63​, above​ its last closing price of $1.19. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -1.45       -1.44      -1.40     Beat    2.9
 Mar. 31 0001  -1.84       -1.85      -2.00     Missed  -8.1
 Dec. 31 2023  -1.91       -1.80      -3.80     Missed  -111.1
                                                        ​
 Sep. 30 2023  -2.14       -2.95      -2.80     Beat    -16.7
 ​​Jun.        -2.78       -2.95      -2.40     Beat    18.6
 30 2023                                                
 Mar. 31 2023  -3.59       -3.54      -3.00     Beat    15.3​
 Dec. 31 2022  -2.90       -3.60      -4.80     Missed  -33.2
 Sep. 30 2022  -2.63       -2.48      -4.40     Missed  -77.2
 This summary was machine generated November 12 at 15:48 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)