Workhorse Group (WKHS) Reports Q2 Loss, Lags Revenue Estimates
WKHSWorkhorse(WKHS) ZACKS·2024-08-20 23:15

Workhorse Group (WKHS) came out with a quarterly loss of 1.40pershareinlinewiththeZacksConsensusEstimate.Thiscomparestolossof1.40 per share in line with the Zacks Consensus Estimate. This compares to loss of 2.40 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this truck and drone manufacturer would post a loss of 1.60persharewhenitactuallyproducedalossof1.60 per share when it actually produced a loss of 2, delivering a surprise of -25%.Over the last four quarters, the company has not been able to surpass consensus EPS estimates.Workhorse, which belo ...