Published on 3 Nov 2022 on Zacks via Yahoo Finance
Nikola (NKLA) Reports Q3 Loss, Tops Revenue Estimates
Nikola (NKLA) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 28.21%. A quarter ago, it was expected that this pioneer in zero-emission trucks would post a loss of $0.27 per share when it actually produced a loss of $0.25, delivering a surprise of 7.41%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.