REE Automotive Ltd. (REE) Reports Q1 Loss, Lags Revenue Estimates
REEREE Automotive .(REE) ZACKS·2024-05-30 20:41

REE Automotive Ltd. (REE) came out with a quarterly loss of 1.96pershareversustheZacksConsensusEstimateofalossof1.96 per share versus the Zacks Consensus Estimate of a loss of 1.81. This compares to loss of 2.40pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−8.292.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8.29%. A quarter ago, it was expected that this company would post a loss of 2.32 per share when it actually produced a loss of $3.11, delivering a surprise of -34.05%. Over the last four quarters, the company has no ...