Workhorse Group Inc reports results for the quarter ended in December - Earnings Summary

Workhorse

01/03/2023 15:01

* Workhorse Group Inc  WKHS.OQ  reported a quarterly
adjusted loss
of 24 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was for a loss
of 18 cents per share.
    * Revenue rose 272.4% to $3.45 million from a year ago;
analysts
expected $12.30 million. 
    * Workhorse Group Inc's reported EPS for the quarter was a
loss
of 24 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Workhorse Group Inc shares had risen by 35.5% this
quarter.
    * The company reported a quarterly loss of $38.65 million.
    * Wall Street's median 12-month price target for Workhorse
Group
Inc is $3.50 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 03:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.18          -0.24          Missed
 Sep. 30 2022      -0.12          -0.22          Missed
 Jun. 30 2022      -0.12          -0.13          Missed
 Mar. 31 2022      -0.12          -0.15          Missed