CORRECTION: Faraday Future Q2 EPS $(0.10) Misses $(0.08) Estimate
Portfolio Pulse from Happy Mohamed
Faraday Future (NASDAQ:FFIE) reported Q2 losses of $(0.10) per share, missing the analyst consensus estimate of $(0.08) by 25 percent. However, this is a 77.27 percent increase over losses of $(0.44) per share from the same period last year.
August 21, 2023 | 8:34 pm
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Faraday Future's Q2 earnings per share missed analyst estimates by 25%, but showed a significant improvement from last year.
Faraday Future's Q2 earnings per share missed the analyst consensus, which could negatively impact investor sentiment and the stock price in the short term. However, the significant year-over-year improvement might mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100