• Workhorse Group Inc WKHS.OQ reported a quarterly adjusted loss of $4.68​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-25.00. The mean expectation of two analysts for the quarter was for a loss of $3.44 per share. Wall Street expected results to range from $-4.00 to $-2.87 per share.

• Revenue fell 52.1% to $641.00 thousand from a year ago; analysts expected $2.35 million.

• Workhorse Group Inc's reported EPS for the quarter was a loss of $4.68​.

• The company reported a quarterly loss of $20.64 million.

• Workhorse Group Inc shares had fallen by 45.9% this quarter and lost 88.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 14.1% 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."

• Wall Street's median 12-month price target for Workhorse Group Inc is $2.00

This summary was machine generated from LSEG data May 15 at 12:00 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)