Workhorse Group Inc reports results for the quarter ended June 30 - Earnings Summary
Workhorse Group Inc reports results for the quarter ended June 30 - Earnings Summary
Workhorse Group Inc WKHS.OQ reported a quarterly adjusted loss of $1.87 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-20.04. The mean expectation of two analysts for the quarter was for a loss of $1.09 per share. Wall Street expected results to range from $-1.23 to -95 cents per share.
Revenue fell 37.2% to $3.56 million from a year ago; analysts expected $7.15 million.
Workhorse Group Inc's reported EPS for the quarter was a loss of $1.86.
The company reported a quarterly loss of $20.17 million.
Workhorse Group Inc shares had risen by 0.7% this quarter and lost 39.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is "buy."
Wall Street's median 12-month price target for Workhorse Group Inc is $3.00, about 3% below its last closing price of $3.09
This summary was machine generated from LSEG data August 13 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -1.09 | -1.87 | Missed |
Mar. 31 2026 | -1.47 | -1.99 | Missed |
Dec. 31 2025 | -8.88 | -2.06 | Beat |
Sep. 30 2025 | -17.40 | -20.40 | Missed |
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