Nikola: Q4 Earnings Insights

Nikola NKLA reported its Q4 earnings results on Thursday, February 22, 2024 at 09:00 AM.

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

Earnings

Nikola beat estimated earnings by 15.38%, reporting an EPS of $-0.11 versus an estimate of $-0.13.

Revenue was up $4.97 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.15 which was followed by a 1.72% drop in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.15 -0.22 -0.26 -0.43
EPS Actual -0.30 -0.20 -0.26 -0.37
Revenue Estimate 15.02M 15.43M 12.51M 32.13M
Revenue Actual -1M 15.36M 11.12M 6.56M

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.

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