
FFIE Stock Earnings: Faraday Future Beats EPS, Misses Revenue for Q1 2024

Faraday Future (NASDAQ:FFIE) reported its Q1 2024 earnings with an EPS of -66 cents, exceeding the expected EPS of -87 cents. However, the company's revenue was significantly below expectations, reported at $0, which is 99.95% worse than the estimated revenue of $16.25 million. This information was processed through InvestorPlace Earnings, an automated project that utilizes data from TradeSmith to cover quarterly earnings reports quickly and accurately.
Faraday Future (NASDAQ:FFIE) just reported results for the first quarter of 2024.
- Faraday Future reported earnings per share of -66 cents. This was above the analyst estimate for EPS of -$3.87.
- The company reported revenue of $2,000.
- This was 99.95% worse than the analyst estimate for revenue of $4.25 million.
InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com.
