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Insights into REE Automotive Q3 Earnings

Benzinga·12/17/2024 13:40:06
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REE Automotive (NASDAQ:REE) just disclosed its Q3 earnings on Tuesday, December 17, 2024 at 07:15 AM.

Here's a brief overview of the earnings report.

Earnings

REE Automotive missed estimated earnings by -30.0%, reporting an EPS of $-1.12 versus an estimate of $-0.86.

Revenue was down $199 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.54 which was followed by a 18.0% increase in the share price the next day.

To track all earnings releases for REE Automotive visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.