Worksport Q2 2024 GAAP EPS $(0.15) Misses $(0.13) Estimate, Sales $1.922M Beat $1.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Worksport (NASDAQ:WKSP) reported Q2 2024 GAAP EPS of $(0.15), missing the $(0.13) estimate, but sales of $1.922M beat the $1.500M estimate, marking an 861.72% increase from the same period last year.
August 13, 2024 | 9:19 pm
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Worksport reported a Q2 2024 GAAP EPS of $(0.15), missing the $(0.13) estimate, but sales of $1.922M beat the $1.500M estimate, marking an 861.72% increase from the same period last year.
Despite missing EPS estimates, the significant beat on sales and the massive year-over-year increase in revenue are likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100