|Bid||2.8900 x 45100|
|Ask||2.9100 x 1400|
|Day's range||2.7050 - 2.9200|
|52-week range||2.1100 - 8.1400|
|Beta (5Y monthly)||2.91|
|PE ratio (TTM)||N/A|
|Earnings date||07 Nov 2022 - 11 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||5.83|
While Rivian (RIVN), Canoo (GOEV) and Blink Charging (BLNK) incur wider-than-expected Q2 loss, Hyliion (HYLN) and Workhorse's (WKHS) Q2 loss matches estimates.
Electric delivery truck maker Workhorse Group (NASDAQ: WKHS) has had a rough start to its commercial business. It updated investors with its second-quarter results today, and the response wasn't positive. The company said it needed to alter its vehicle design to certify the C-1000 under Federal Motor Vehicle Safety Standards.
Workhorse (WKHS) delivered earnings and revenue surprises of 0% and 87%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?