Rivian Releases Fourth Quarter and Full Year 2021 Financial Results
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Rivian Automotive (RIVN) Shares Down 12% on Disappointing Production Guidance Due to Supply Chain Issues
March 10, 2022 5:55 PM ESTRivian Automotive (NASDAQ: RIVN) shares dropped more than 12% after-hours following the companys reported Q4 results, with both EPS of ($2.43) and revenue of $54 million coming in worse than the consensus estimates of ($1.64) and $61.18 million, respectively.
The company delivered 920 vehicles during the full... More
UPDATE: Rivian Automotive (RIVN) Misses Q4 EPS by 79c; Guides 2022 Production of 25,000 Vehicles
March 10, 2022 4:32 PM EST(Updated - March 10, 2022 4:34 PM EST)
Rivian Automotive (NASDAQ: RIVN) reported Q4 EPS of ($2.43), $0.79 worse than the analyst estimate of ($1.64). Revenue for the quarter came in at $54 million versus the consensus estimate of $61.18 million.
The company guides 2022 production of 25,000 vehicles.
For earnings... More
