Workhorse Group Inc expected to post a loss of 9 cents a share - Earnings Preview

Workhorse

08/03/2024 12:41

* Workhorse Group Inc  WKHS.OQ   WKHS.O  is expected to show
a
fall in quarterly revenue when it reports  results on March 12
for the period ending December 31 2023
    * The Loveland Ohio-based  company is expected to report a
6.0% decrease in revenue to $3.239 million from $3.45 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 9 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 $0.75​, above​ its last closing price of $0.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.11       -0.12      -0.14     Missed  -16.7
 Jun. 30 2023  -0.14       -0.15      -0.12     Beat    18.6
 Mar. 31 2023  -0.18       -0.18      -0.15     Beat    15.3​
 Dec. 31 2022  -0.15       -0.18      -0.24     Missed  -33.2
 ​​Sep.        -0.13       -0.12      -0.22     Missed  -77.2
 30 2022                                                
 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
 This summary was machine generated March 8 at 12:41 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)