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

Workhorse

15/05/2023 14:32

* Workhorse Group Inc  WKHS.OQ  reported a quarterly
adjusted loss
of 15 cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of 18
cents per share.
    * Revenue rose 11,992.9% to $1.69 million from a year ago;
analysts expected $9.85 million. 
    * Workhorse Group Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Workhorse Group Inc shares had fallen by 31.8% this
quarter and
lost 40.3% so far this year.
    * The company reported a quarterly loss of $25 million.
    * Wall Street's median 12-month price target for Workhorse
Group
Inc is $3.00 
    * 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 May
15 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.18          -0.15          Beat
 Dec. 31 2022      -0.18          -0.24          Missed
 Sep. 30 2022      -0.12          -0.22          Missed
 Jun. 30 2022      -0.12          -0.13          Missed