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Stock impact report

Rivian Automotive (RIVN) Stock Moves -0.12%: What You Should Know [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
The stock outperformed the S&P 500, which registered a daily loss of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, lost 0.93%. The a manufacturer of motor vehicles and passenger cars's shares have seen an increase of 10.38% over the last month, surpassing the Auto-Tires-Trucks sector's gain of 7.26% and the S&P 500's loss of 0.26%. The investment community will be paying close attention to the earnings performance of Rivian Automotive in its upcoming release. The company is slated to reveal its earnings on August 6, 2024. It is anticipated that the company will report an EPS of -$1.14, marking a 5.56% fall compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.04 billion, indicating a 7.34% downward movement from the same quarter last year. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$3.80 per share and a revenue of $4.8 billion, represen Show less Read more
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