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REEAF — REE Automotive News Story

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REE Automotive Ltd expected to post a loss of 97 cents a share - Earnings Preview

REE Automotive Ltd REE.OQ REE.O is expected to show a fall in quarterly revenue when it reports  results on April 29 for the period ending December 31 2024

​LSEG's mean analyst estimate for REE Automotive Ltd is for a loss of 97 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for REE Automotive Ltd is $14.00​, above​ its last closing price of $2.85. ​​​

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

QUARTER ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-1.02-1.01-1.12Missed-10.7
Jun. 30 2024-1.55-1.51-0.97Beat35.7
Mar. 31 2024-1.69-1.60-1.96Missed-22.4​
Dec. 31 2023-2.19-2.38-3.15Missed-32.3
​​Sep. 30 2023-3.60-3.63-1.99Beat45.1
Jun. 30 2023-1.80-2.10-2.10Met0​
Mar. 31 2023-1.72-2.00-2.40Missed-20
Dec. 31 2022-2.99-3.29-2.10Beat36.2
This summary was machine generated April 25 at 13:28 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)

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