What to Expect from Worksport's Earnings

Worksport WKSP will release its quarterly earnings report on Wednesday, 2024-11-13. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Worksport to report an earnings per share (EPS) of $-0.14.

Worksport bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Performance in Previous Earnings

In the previous earnings release, the company missed EPS by $0.02, leading to a 1.73% drop in the share price the following trading session.

Here's a look at Worksport's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.13 -0.19 -0.24
EPS Actual -0.15 -0.18 -0.19 -0.23
Price Change % -2.0% 3.0% -4.0% 21.0%

To track all earnings releases for Worksport visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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