CORRECTION: Worksport Q2 EPS $(0.33) Beats $(0.44) Estimate, Sales $5.230M Miss $6.253M Estimate
Worksport (NASDAQ:WKSP) reported quarterly losses of $(0.33) per share which beat the analyst consensus estimate of $(0.44) by 25 percent. This is a 53.52 percent increase over losses of $(0.71) per share from the same
Worksport lost less money per share than people expected, which is good—but they made less money from selling things than expected, which is not good. When a company misses on sales, that's usually a bigger worry than beating on losses.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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