Wednesday, Faraday Future Q2 2024 GAAP EPS $(0.31) May Not Be Comparable To $(3.87) Estimate, Sales $293.000K May Not Be Comparable To $4.250M Estimate
Portfolio Pulse from Benzinga Newsdesk
Faraday Future reported its Q2 2024 GAAP EPS at $(0.31), which may not be comparable to the $(3.87) estimate. The company also reported sales of $293,000, which may not be comparable to the $4.25 million estimate.
August 15, 2024 | 11:33 am
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Faraday Future's Q2 2024 earnings report shows a GAAP EPS of $(0.31) and sales of $293,000, both of which may not be comparable to the estimates. This could lead to short-term volatility in the stock price.
The reported figures for both EPS and sales are significantly different from the estimates, which could lead to negative sentiment and short-term price decline for FFIE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100