Ree Automotive Holding Earnings Beat, Revenue Misses In Q3

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Ree Automotive Holding announced earnings per share of $-0.11 on revenue of $600K. Analysts polled by Investing.com anticipated EPS of $-0.12 on revenue of $1.66M.

Ree Automotive Holding shares are down 87% from the beginning of the year, still down 90.65% from its 52 week high of $7.49 set on January 5.

Ree Automotive Holding’s report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.

Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar