Is the Stock Worth Buying Now?
Rivian Automotive RIVN is slated to release fourth-quarter 2024 results on Thursday, after market close. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 66 cents a share on revenues of $1.43 billion.
Find the latest EPS estimates and surprises on Zacks Earnings Calendar.
The loss per share estimate for the fourth quarter of 2024 has narrowed by a cent over the past 30 days. The bottom-line projection indicates a year-over-year improvement of 51.5%. The Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 8.5%.
Image Source: Zacks Investment Research
For 2025, the Zacks Consensus Estimate for RIVN’s revenues is pegged at $5.21…