The upcoming earnings report for Rivian Automotive is set for Wednesday, April 29th, with a consensus estimated EPS of -0.6.
Today, Rivian Automotive's stock price stands at $16.07, showing a decrease of 64.5 cents (-3.86%) from the previous close at $16.72. The trading volume is notably higher at $8 million, representing a 27.57% increase compared to the average.
In the latest quarterly earnings report dated February 11th, Rivian Automotive reported an EPS of -0.53348, beating the consensus estimate of -0.69.
The company experienced a net change in cash of -$862 million, with free cash flow at -$1.14 billion. Operating cash flow stood at -$681 million, while capital expenditure was -$463 million.
Rivian's revenue for the period was $1.29 billion, with a gross profit of $120 million. Operating income was reported at -$833 million, resulting in a net income of -$811 million.
Key ratios include a quick ratio of 1.89, gross profit margin at 9.33%, and a debt ratio of 44.75. Notably, the price-to-book ratio is 5.32.
Total assets amount to $14.86 billion, with total liabilities at $10.27 billion. Cash and cash equivalents stand at $3.58 billion, while total debt is reported at $6.65 billion.
This report provides an insight into Rivian Automotive's financial status ahead of its upcoming earnings release.
Rivian Automotive, Inc. designs, develops, manufactures, and sells electric vehicles and accessories. The company offers five-passenger pickup trucks and sports utility vehicles. It provides Rivian Commercial Vehicle platform for electric Delivery Van with collaboration with Amazon.com. The company sells its products directly to customers in the consumer and commercial markets. Rivian Automotive, Inc. was founded in 2009 and is based in San Jose, California.