Uncovering Potential: Worksport's Earnings Preview

Worksport (NASDAQ:WKSP) is preparing to release its quarterly earnings on Thursday, 2025-03-27. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Worksport to report an earnings per share (EPS) of $-1.10.

The market awaits Worksport's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

The company's EPS missed by $0.10 in the last quarter, leading to a 15.78% drop in the share price on the following day.

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

Quarter

Q3 2024

Q2 2024

Q1 2024

Q4 2023

EPS Estimate

-1.3

-1.3

-1.9

-2.4

EPS Actual

-1.4

-1.5

-1.8

-1.9

Price Change %

-16.0%

-2.0%

3.0%

-4.0%

Worksport Share Price Analysis

Shares of Worksport were trading at $3.77 as of March 25. Over the last 52-week period, shares are down 34.96%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analysts' Perspectives on Worksport

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Worksport.

The consensus rating for Worksport is Buy, based on 1 analyst ratings. With an average one-year price target ...