REE Automotive Ltd expected to post a loss of 74 cents a share - Earnings Preview
REE Automotive Ltd
REE is expected to show a fall in quarterly revenue when it reports results on October 1 (estimated) for the period ending March 31 2025The Israel-based company is expected to report a 47.9% decrease in revenue to $83.33 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 74 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 was unchanged in the last three months.
Wall Street's median 12-month price target for REE Automotive Ltd is $3.00, about 74.2% above its last closing price of $0.78
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 September 29 at 12:32 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)
