Rivian Automotive (RIVN) Tops Q1 EPS by 35c, Beats on Reveue; Guides 2025 Deliveries of 40K-60K EVs
Rivian Automotive (NASDAQ: RIVN) reported Q1 EPS of ($0.41), $0.35 better than the analyst estimate of ($0.76). Revenue for the quarter came in at $1.24 billion versus the consensus estimate of $983.65 million.
As previously announced, in the first quarter Rivian produced 14,611 vehicles at its manufacturing facility in Normal, Illinois and delivered 8,640 vehicles
For 2025 the company guided:
Vehicles Delivered
40,000 - 46,000
Adj. EBITDA
$(1,700) million - $(1,900) million
Capital Expenditures
$1,800 million - $1,900 million
For earnings history and earnings-related data on Rivian Automotive (RIVN) click here.