Earnings Preview For Workhorse Gr
Portfolio Pulse from Benzinga Insights
Workhorse Gr (NASDAQ:WKHS) is set to release its latest quarterly earnings report on Tuesday, 2023-08-08. Analysts estimate an earnings per share (EPS) of $-0.15. The company's stock performance has been generally negative over the last 52-week period, with shares down 65.93%. Last quarter, the company beat EPS by $0.03, which was followed by a 1.63% drop in the share price the next day.
August 07, 2023 | 8:01 pm
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NEGATIVE IMPACT
Workhorse Gr is expected to report an EPS of $-0.15 in its upcoming earnings report. The company's shares have been on a downward trend, decreasing by 65.93% over the past year.
The company's stock has been on a downward trend, which may continue if the earnings report is not positive. Last quarter, despite beating the EPS estimate, the share price dropped by 1.63% the next day. This indicates that the market's reaction to Workhorse's earnings reports can be negative, even when the company beats estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100