Nikola: Q1 Earnings Insights

Nikola NKLA reported its Q1 earnings results on Tuesday, May 9, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Nikola reported in-line EPS of $-0.26 versus an estimate of $-0.26.

Revenue was up $9.23 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 0.91% increase in the share price the next day.

Here's a look at Nikola's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.43 -0.39 -0.28 -0.27
EPS Actual -0.37 -0.28 -0.25 -0.21
Revenue Estimate 32.13M 22.14M 16.46M 150K
Revenue Actual 6.56M 24.24M 18.13M 1.89M

To track all earnings releases for Nikola visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!