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

Reuters
05-13
REE Automotive Ltd <ree.oq> expected to post a loss of 97 cents a share - Earnings Preview </ree.oq>
  • REE Automotive Ltd REE.OQ REE.O is expected to show a fall in quarterly revenue when it reports results on May 15 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 $13.00​, above​ its last closing price of $3.18. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

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

Dec. 31 2022

-2.99

-3.29

-2.10

Beat

36.2

This summary was machine generated May 13 at 14:55 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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