Published on 28 Oct 2022 on Zacks via Yahoo Finance
What's in the Offing for Nikola (NKLA) This Earnings Season?
Nikola Corporation NKLA is slated to release third-quarter 2022 results on Nov 3, before the market opens. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 39 cents and $22.81 million, respectively.For the third quarter, the consensus estimate for NKLA’s loss per share has remained constant in the past 60 days. Its bottom-line estimates imply a decline of 77.3% from the year-ago reported number. Over the trailing four quarters, NKLA surpassed the consensus estimate on all occasions, with the average surprise being 16.43%. This is depicted in the graph below:
Nikola Corporation Price and EPS Surprise
