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

Workhorse

08/08/2023 15:14

* Workhorse Group Inc  WKHS.OQ  reported a quarterly
adjusted loss
of 12 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 15
cents per share.
    * Revenue rose 31,476.4% to $3.97 million from a year ago;
analysts expected $14.90 million. 
    * Workhorse Group Inc's reported EPS for the quarter was a
loss
of 12 cents​.
    * The mean earnings estimate of analysts had risen by
about 5.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Workhorse Group Inc shares had risen by 35.4% this
quarter and
lost 22.4% so far this year.
    * The company reported a quarterly loss of $23.02 million.
    * Wall Street's median 12-month price target for Workhorse
Group
Inc is $2.50 
    * 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 LSEG Refinitiv data
August 8 at 02:14 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.15          -0.12          Beat
 Mar. 31 2023      -0.18          -0.15          Beat
 Dec. 31 2022      -0.18          -0.24          Missed
 Sep. 30 2022      -0.12          -0.22          Missed