REE Automotive Ltd expected to post a loss of 73 cents a share - Earnings Preview

REE Automotive

26/05/2025 13:43

REE Automotive Ltd REE.OQ REE.O is expected to show a fall in quarterly revenue when it reports  results on May 28 (estimated) for the period ending March 31 2025

The  Israel-based   company is expected to report a 52.1% decrease in revenue to $76.67 thousand from $160 thousand a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

​LSEG's mean analyst estimate for REE Automotive Ltd is for a loss of 73 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 23.4% in the last three months. ​

Wall Street's median 12-month price target for REE Automotive Ltd is $3.00​, above​ its last closing price of $0.85. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-1.05
-0.97
-0.80
Beat
17.9
Sep. 30 2024
-1.02
-1.01
-1.12
Missed
-10.7
Jun. 30 2024
-1.55
-1.51
-0.97
Beat
35.7​
Mar. 31 2024
-1.69
-1.60
-1.96
Missed
-22.4
​​Dec. 31 2023
-2.19
-2.38
-3.15
Missed
-32.3
Sep. 30 2023
-3.60
-3.63
-1.99
Beat
45.1​
Jun. 30 2023
-1.80
-2.10
-2.10
Met
0
Mar. 31 2023
-1.72
-2.00
-2.40
Missed
-20

This summary was machine generated May 26 at 12:43 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)