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Market Impact: 0.34

Workhorse Group (WKHS) Reports Q1 Loss, Lags Revenue Estimates

WKHS
Corporate EarningsCompany FundamentalsAnalyst Estimates

Workhorse Group reported a quarterly loss of $1.99 per share, worse than the Zacks Consensus Estimate for a loss of $1.70 per share. The result was still far better than the $49.22 per-share loss posted a year ago, but the EPS miss indicates earnings remain under pressure.

Analysis

Workhorse Group reported a quarterly loss of $1.99 per share, worse than the Zacks Consensus Estimate for a loss of $1.70 per share. The result was still far better than the $49.22 per-share loss posted a year ago, but the EPS miss indicates earnings remain under pressure.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.32

Ticker Sentiment

WKHS-0.72