Workhorse Group Reports First Quarter 2021 Results
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Workhorse Group (WKHS) PT Lowered to $20 at BTIG
May 10, 2021 1:25 PM EDTBTIG analyst Gregory Lewis lowered the price target on Workhorse Group (NASDAQ: WKHS) to $20.00 (from $24.00) while maintaining a Buy rating.
The analyst commented, "WKHS traded down sharply (down ~10%) at the market open owing to Q1 revenues of $0.5M (Consensus $2.3M and BTIG $1.2M) with just 6 vehicles delivered... More
Workhorse Group (WKHS) Reports Q1 Revenues Miss
May 10, 2021 9:22 AM EDTWorkhorse Group (NASDAQ: WKHS) reported Q1 EPS of $. Revenue for the quarter came in at $521 thousand versus the consensus estimate of $2.61 million.
Management Commentary
We have had a step function improvement in production in the last month. Although we had planned to have achieved our year-to-date number of trucks produced... More
