WORKHORSE EARNINGS PLUS
WORKHORSE EARNINGS FREE

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

WORKHORSE EARNINGS PLUS

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. These returns cover a period from Januthrough September 12, 2022. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.51% per year. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. and Morningstar, Inc.Ĭopyright 2022 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606Īt the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Forbes Media, LLC Investor's Business Daily, Inc. Each of the company logos represented herein are trademarks of Microsoft Corporation Dow Jones & Company Nasdaq, Inc. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth. 5 Stocks Set to DoubleĮach was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020.

WORKHORSE EARNINGS FREE

( NIO Quick Quote NIO - Free Report) is scheduled to unveil third-quarter results on Nov 17. Meanwhile, electric-truck start up Nikola ( NKLA Quick Quote NKLA - Free Report) is set to post quarterly numbers on Nov 9, after the closing bell.

Importantly, the red hot EV maker Tesla ( TSLA Quick Quote TSLA - Free Report) delivered an earnings beat in the latest quarterly release. Zacks Rank: It carries a Zacks Rank of 3 currently. You can see the complete list of today’s Zacks #1 Rank stocks here.Įarnings ESP: The company has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. Our proven model does not conclusively predict an earnings beat for Workhorse this time around. pure play original equipment manufacturer in medium-duty electrification has been incurring elevated SG&A and R&D costs, which are expected to have ailed operating margins. Also, the market leader, first mover and only U.S. Nonetheless, high cost of goods sold due to elevated tooling expenses for C-Series production is anticipated to have dented gross profits. Increasing demand for green vehicles amid favorable government policies and climate change concerns, along with strategic partnerships with firms including Lordstown Motors are likely to have strengthened the firm’s backlog.

These C-series vans are designed for last mile service for delivering packages or cargo to final destinations. Rising deliveries of C-Series vans is expected to have boosted Workhorse’s top line during the to-be-reported quarter. The Zacks Consensus Estimate for Workhorse’s third-quarter loss per share has remained stable over the past 60 days. The electric vehicle (EV) maker incurred a loss of 12 cents in the last reported quarter amid high operating expenses. The Zacks Consensus Estimate for the quarter’s loss and revenues is pegged at 11 cents and $400,000, respectively. Workhorse Group, Inc. ( WKHS Quick Quote WKHS - Free Report) is slated to release third-quarter 2020 results on Nov 9, before the opening bell.

Workhorse earnings