Nikola (NKLA) Reports Q1 Loss, Misses Revenue Estimates
NKLANikola(NKLA) Zacks Investment Research·2024-05-07 21:11

Nikola (NKLA) came out with a quarterly loss of 0.09pershareinlinewiththeZacksConsensusEstimate.Thiscomparestolossof0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of 0.26 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this pioneer in zero-emission trucks would post a loss of 0.16persharewhenitactuallyproducedalossof0.16 per share when it actually produced a loss of 0.11, delivering a surprise of 31.25%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Nikola, which belongs to ...