Workhorse Group (WKHS) Set to Announce Earnings on Thursday

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

Workhorse Group (NASDAQ:WKHS) last posted its quarterly earnings results on Monday, August 19th. The company reported ($1.40) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($1.40). Workhorse Group had a negative net margin of 1,366.25% and a negative return on equity of 163.23%. The firm had revenue of $0.84 million during the quarter, compared to analysts’ expectations of $3.00 million. During the same period in the prior year, the company posted ($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 2.4 %

Shares of WKHS opened at $0.78 on Thursday. The stock’s 50 day moving average is $0.76 and its two-hundred day moving average is $1.84. Workhorse Group has a twelve month low of $0.57 and a twelve month high of $9.00. The firm has a market capitalization of $18.92 million, a PE ratio of -0.08 and a beta of 2.55.

Wall Street Analyst Weigh In

Separately, TD Cowen decreased their price target on Workhorse Group from $3.00 to $0.25 and set a “hold” rating on the stock in a research note 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.