Form 8-K Rivian Automotive, Inc. For: Nov 09

Go back to Form 8-K Rivian Automotive, Inc. For: Nov 09

Truist Securities on Rivian Automotive Inc (RIVN) Q3 2022 Earnings: 'we'd caution investors not to weigh the R2 commentary too heavily'

November 9, 2022 4:39 PM EST

Truist Securities analyst Jordan Levy reiterated a Buy rating and $65.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst comments "Rivian reported strong 3Q results including a beat on EBITDA, in-line revs and capex meaningfully below vs. our estimates. Further, the company... More

Rivian Automotive (RIVN) Tops Q3 EPS by 24c, Revenue Misses

November 9, 2022 4:11 PM EST

Rivian Automotive (NASDAQ: RIVN) reported Q3 EPS of ($1.57), $0.24 better than the analyst estimate of ($1.81). Revenue for the quarter came in at $536 million versus the consensus estimate of $568.5 million.

Reaffirms Adjusted EBITDA guidance

For earnings history and earnings-related data on Rivian Automotive (RIVN) click here.

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