Workhorse Group (NASDAQ:WKHS) Releases Earnings Results

Workhorse Group (NASDAQ:WKHS) released its quarterly earnings results on Wednesday, March 14th. The company reported ($0.32) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.32), Bloomberg Earnings reports. The company had revenue of $5.51 million during the quarter. Workhorse Group had a negative net margin of 389.50% and a negative return on equity of 367.27%.

NASDAQ:WKHS traded down $0.05 during mid-day trading on Friday, reaching $2.61. The stock had a trading volume of 46,375 shares, compared to its average volume of 189,451. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.44 and a quick ratio of 0.85. Workhorse Group has a 12 month low of $1.90 and a 12 month high of $4.89.

How to Become a New Pot Stock Millionaire

WKHS has been the topic of a number of recent analyst reports. Cowen set a $6.00 price objective on shares of Workhorse Group and gave the company a “buy” rating in a research note on Wednesday, January 24th. Maxim Group reissued a “buy” rating and issued a $6.00 price objective (up from $5.00) on shares of Workhorse Group in a research note on Wednesday, January 24th.

COPYRIGHT VIOLATION WARNING: “Workhorse Group (NASDAQ:WKHS) Releases Earnings Results” was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another site, it was illegally stolen and republished in violation of U.S. and international trademark & copyright laws. The legal version of this piece can be viewed at

Workhorse Group Company Profile

Workhorse Group Inc designs, manufactures, and builds battery-electric vehicles and aircraft in the United States. It operates through two divisions, Automotive and Aviation. The company also develops cloud-based and real-time telematics performance monitoring system that enables fleet operators to optimize energy and route efficiency.

Earnings History for Workhorse Group (NASDAQ:WKHS)

Receive News & Ratings for Workhorse Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Workhorse Group and related companies with's FREE daily email newsletter.

Leave a Reply