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?
The Zacks Consensus Estimate for Nikola's (NKLA) Q2 loss is pegged at 27 cents per share on revenues of $16 million.