【UpcomingLive】Will the ER reveals the true situation of $WKHS?
Happy Friday to every mooers! Are you still watching the latest news about the election? You canJoin us hereto discuss on Presidential Election within our moo community! Also, one of the most popular stocks -$Workhorse (WKHS.US)$is going to release its third-quarter 2020 earnings on Monday, November 9, 2020, at 10:00 a.m. EST. Our@moo_Livewill sync the Workhorse earnings call to the moo community for Workhorse stockholders and fans to get the first-hand info, come and stay tuned!
Shares of electric truck maker$Workhorse (WKHS.US)$surged on Thursday, closing up8.11%. There is a prospect of one news event: Workhorse is gearing up to report third-quarter results on Nov. 9. Analysts expect a loss of $0.10 per share. Still, if the company hits that number, it will be a sizable improvement from the $0.17 quarterly loss a year ago.
In the third quarter, Workhorse saw a big increase as its subsidiary Lordstown Motors landed on the open market. The company still holds 10% of Lordstown Motors Incorporated, which is usually expanded from the company last year. The lead rose by approximately 567%.
The share price of WKHS has been on a roller coaster for the past months. It is mainly influenced by the news related to a huge order from USPS. The early rumor boosted WKHS's share price. And it later plunged when information suggests the order had been delayed. Its share price closed at $17.72 yesterday, nearly half of its price in mid- September.
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Chris Williams2 : only usps contract will get them above 30 this year.
Kenkkk Chris Williams2 : Let’s see if they can get the contract or not