REE Automotive Ltd expected to post a loss of 78 cents a share - Earnings Preview

Reuters
Jun 23
REE Automotive Ltd <ree.oq> expected to post a loss of 78 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 June 25 (estimated) for the period ending March 31 2025

  • The 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 78 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 had fallen by about 23.4% in the last three months. ​

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 June 23 at 12:33 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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10