• Workhorse Group Inc WKHS.OQ reported a quarterly adjusted loss of $1.67​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-17.50. The lone analyst forecast for the quarter was for a loss of $3.98 per share.

• Revenue rose 573.3% to $5.67 million from a year ago; analysts expected $2.30 million.

• Workhorse Group Inc's reported EPS for the quarter was a loss of $1.67​.

• The company reported a quarterly loss of $14.78 million.

• Workhorse Group Inc shares had risen by 50.0% this quarter and lost 81.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 25.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is also "hold"

• Wall Street's median 12-month price target for Workhorse Group Inc is $1.75, about 5.7% above its last closing price of $1.65

This summary was machine generated from LSEG data August 18 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)