Worksport Ltd expected to post a loss of $1.28 a share - Earnings Preview

Reuters
25 Mar
<a href="https://laohu8.com/S/WKSP">Worksport Ltd</a> <wksp.oq> expected to post a loss of $1.28 a share - Earnings Preview </wksp.oq>
  • Worksport Ltd WKSP.OQ WKSP.O is expected to show a rise in quarterly revenue when it reports results on March 27 for the period ending December 31 2024

  • The West Seneca New York-based company is expected to report a 246.9% increase in revenue to $2.912 million from $839.37 thousand a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Worksport Ltd is for a loss of $1.28 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Worksport Ltd is $12.50​, above​ its last closing price of $3.77. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-1.30

-1.40

Missed

-7.7

Jun. 30 2024

-1.30

-1.50

Missed

-15.4

Mar. 31 2024

-1.90

-1.90

-1.80

Beat

5.3​

Dec. 31 2023

-2.40

-1.90

Beat

20.8

​​

-2.30

Jun. 30 2023

-2.50

-2.20

Beat

12​

Mar. 31 2023

-2.40

-2.40

-2.10

Beat

12.5

Dec. 31 2022

-1.80

-1.80

-2.00

Missed

-11.1

This summary was machine generated March 25 at 12:44 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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