Nikola Corp <NKLA.OQ> expected to post a loss of $1.95 a share - Earnings Preview
Nikola Corp NKLA.OQ NKLA.O is expected to show a rise in quarterly revenue when it reports results on February 20 (estimated) for the period ending December 31 2024
The Phoenix Arizona-based company is expected to report a 254.4% increase in revenue to $40.87 million from $11.53 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Nikola Corp is for a loss of $1.95 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 5 "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 Nikola Corp is $4.00, above its last closing price of $0.54.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -2.27 | -2.35 | -2.75 | Missed | -17 |
Jun. 30 2024 | -2.88 | -2.85 | -2.67 | Beat | 6.2 |
Mar. 31 2024 | -2.89 | -2.90 | -2.70 | Beat | 7.1 |
Dec. 31 2023 | -4.51 | -3.90 | -3.30 | Beat | 15.4 |
Sep. 30 2023 | -3.85 | -4.17 | -9.00 | Missed | -115.8 |
Jun. 30 2023 | -6.32 | -6.73 | -6.00 | Beat | 10.9 |
Mar. 31 2023 | -7.42 | -7.72 | -7.80 | Missed | -1.1 |
Dec. 31 2022 | -12.39 | -12.90 | -11.10 | Beat | 14 |
This summary was machine generated February 18 at 13:51 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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