Workhorse Group (WKHS) Scheduled to Post Earnings on Thursday

Workhorse Group (NASDAQ:WKHS) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.85) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Workhorse Group (NASDAQ:WKHS) last posted its quarterly earnings data on Monday, August 19th. The company reported ($1.40) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($1.40). The business had revenue of $0.84 million for the quarter, compared to analysts’ expectations of $3.00 million. Workhorse Group had a negative return on equity of 163.23% and a negative net margin of 1,366.25%. During the same quarter last year, the firm earned ($2.40) earnings per share. On average, analysts expect Workhorse Group to post $-5 EPS for the current fiscal year and $-3 EPS for the next fiscal year.

Workhorse Group Trading Up 51.1 %

Shares of WKHS stock opened at $1.19 on Tuesday. Workhorse Group has a 1-year low of $0.57 and a 1-year high of $8.78. The firm’s 50-day simple moving average is $0.76 and its 200-day simple moving average is $1.80.

Analysts Set New Price Targets

Separately, TD Cowen cut their target price on Workhorse Group from $3.00 to $0.25 and set a “hold” rating on the stock in a research report on Wednesday, August 21st.

Workhorse Group Company Profile

Workhorse Group Inc, a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers commercial vehicles under the Workhorse brand. The company was formerly known as AMP Holding Inc and changed its name to Workhorse Group Inc in April 2015.