Ree Automotive Holding earnings missed by $0.71, revenue fell short of estimates

Must read – Ree Automotive Holding (NASDAQ: ) reported first quarter EPS of $-2.280, $0.71 worse than the analyst estimate of $-1.570. Revenue for the quarter came in at $160K versus the consensus estimate of $550K.

Ree Automotive Holding’s stock price closed at $4.70. It is down -30.370% in the last 3 months and down -60.210% in the last 12 months.

Ree Automotive Holding saw 2 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Ree Automotive Holding’s stock price‚Äôs past reactions to earnings here.

According to InvestingPro, Ree Automotive Holding’s Financial Health score is “weak performance“.

Check out Ree Automotive Holding’s , and Ree Automotive Holding’s financials here.

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