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WKHS — Workhorse News Story

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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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