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

Workhorse

10/05/2024 13:28

* Workhorse Group Inc  WKHS.OQ   WKHS.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 13
(estimated) for the period ending March 31 2024
    * The Loveland Ohio-based  company is expected to report a
144.2% increase in revenue to $4.134 million from $1.69 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 $0.50​, above​ its last closing price of $0.21. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.10       -0.09      -0.19     Missed  -111.1
 Jan. 1 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.        -0.15       -0.18      -0.24     Missed  -33.2
 31 2022                                                
 Sep. 30 2022  -0.13       -0.12      -0.22     Missed  -77.2​
 Jun. 30 2022  -0.12       -0.12      -0.13     Missed  -11
 Jan. 1 0001   -0.12       -0.12      -0.15     Missed  -29.6
 This summary was machine generated May 10 at 12:28 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)