Ree Automotive Holding Inc reports results for the quarter ended in June - Earnings Summary

REE Automotive

18/08/2021 10:50

* Ree Automotive Holding Inc  REE.OQ  reported a quarterly
adjusted loss of 6 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 5 cents per share.
* Reported revenue was zero​;  analysts expected $290.00
thousand. 
* Ree Automotive Holding Inc's reported EPS for the quarter was
a loss of 16 cents​.
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Ree Automotive Holding Inc shares had fallen by 4.2% this
quarter.
* The company reported a quarterly loss of $31.18 million.
* Wall Street's median 12-month price target for Ree Automotive
Holding Inc is $15.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 18 at 09:50 a.m.  ​All
figures in US dollars unless otherwise stated