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

REE Automotive

16/11/2021 14:31

* Ree Automotive Holding Inc  REE.OQ  reported a quarterly
adjusted loss of 7 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for a loss of 10 cents per share.
* Reported revenue was zero​;  analysts expected $166.67
thousand. 
* Ree Automotive Holding Inc's reported EPS for the quarter was
a loss of $1.57​.
* The mean earnings estimate of analysts had fallen by
about 100% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Ree Automotive Holding Inc shares had fallen by 7.7% this
quarter.
* The company reported a quarterly loss of $414.91 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 3 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated November 16 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated