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 $1.40 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 $1.60 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 b ...