Streetbeat News

WKHS

Workhorse Group Inc.

https://www.workhorse.com

Industry

Auto - Manufacturers

Workhorse Group Inc., a technology company, engages in design, manufacture, and sale of zero-emission commercial vehicles in the United States. The company offers electric and range-extended medium-duty delivery trucks under the Workhorse brand; and HorseFly Unmanned Aerial System, a custom-designed purpose-built all-electric drone system. It also provides Metron, an air delivery application that tracks the performance of various the vehicles deployed. The company was formerly known as AMP Holding Inc. and changed its name to Workhorse Group Inc. in April 2015. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio.

Open

1.16

Mkt cap

30M

Volume

4.7M

High

1.42

P/E Ratio

-0.13

52-wk high

8.78

Low

1.00

Div yield

N/A

52-wk low

0.57

Workhorse Group Inc. (WKHS) reported lower-than-expected Q3 earnings and a year-over-year decline in revenues. However, the company secured a GSA Government Fleet Contract, which supports its cooperative purchasing network.

Portfolio Pulse from

November 20, 2024 | 5:30 pm

Workhorse Group (WKHS) reported a Q3 loss of $0.88 per share, missing the Zacks Consensus Estimate of a $0.85 loss. This is an improvement from the $2.80 loss per share a year ago.

Portfolio Pulse from

November 20, 2024 | 12:30 am

Workhorse Group Inc. reported its financial results for the third quarter of 2024, focusing on its efforts in zero-emission commercial vehicles.

Portfolio Pulse from

November 19, 2024 | 10:15 pm

Workhorse Group Inc. has been awarded a General Services Administration (GSA) Government Fleet Contract, allowing federal agencies to easily procure its zero-emission vehicles. This development enhances Workhorse's market access and supports its growth in the government sector.

Portfolio Pulse from

November 19, 2024 | 10:15 pm

Workhorse has rescheduled its third quarter 2024 earnings call to November 19, 2024, post-market, with the call taking place at 6:00 p.m. ET.

Portfolio Pulse from

November 19, 2024 | 1:15 am

Workhorse Group Inc. has rescheduled its Q3 2024 earnings call to November 19, 2024. The company will release its financial results before the call.

Portfolio Pulse from

November 13, 2024 | 11:15 pm

Workhorse has secured multiple orders for its W56 electric step vans, indicating increased demand in the parcel delivery market. The company received orders for seven vans, which will be delivered upon completion of upfit.

Portfolio Pulse from

November 07, 2024 | 1:45 pm

The EV sector faced a challenging week with most stocks declining. Tesla's 'We, Robot' event disappointed investors, leading to a 9% stock drop. Lucid exceeded Q3 delivery estimates, while GM revised its battery strategy. XPeng launched a new AI-defined sedan.

Portfolio Pulse from Shanthi Rexaline

October 12, 2024 | 7:45 pm

In Friday's after-market session, several consumer discretionary stocks experienced notable price movements. Fenbo Holdings, Yunhong Green CTI, and Vera Bradley were among the gainers, while Mynd.ai, Cheetah Net Supply Chain, and Algorhythm Holdings saw declines.

Portfolio Pulse from Benzinga Insights

October 11, 2024 | 8:31 pm

In Wednesday's after-market session, several consumer discretionary stocks experienced notable movements. Interactive Strength, Kaixin Holdings, Sleep Number, Forza X1, Lottery.com, and Autozi Internet Tech saw gains, while Algorhythm Holdings, Yoshitsu Co, Linkage Global, Workhorse Group, Niu Technologies, and Mynd.ai experienced declines.

Portfolio Pulse from Benzinga Insights

October 09, 2024 | 8:31 pm

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