Ree Automotive Holding earnings beat by $0.66, revenue fell short of estimates

Investing.com – Ree Automotive Holding (NASDAQ: REE) reported second quarter EPS of $-0.666, $0.66 better than the analyst estimate of $-1.330. Revenue for the quarter came in at $750K versus the consensus estimate of $1.13M.

Ree Automotive Holding’s stock price closed at $5.78. It is up 58.140% in the last 3 months and up 27.090% in the last 12 months.

Ree Automotive Holding saw 1 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Ree Automotive Holding’s stock price’s past reactions to earnings here.

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

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

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