Rivian Q3 2023 earnings (Source: Rivian) In light of the progress, Rivian is increasing its production target for 2023 to 54,000, up 2,000 from its previous goal.

Rivian (RIVN) reported third ... Despite the Q3 production and supply chain issues, Rivian said it expects "to reach a modest gross profit" in the fourth quarter of this year.

A year ago, Rivian delivered 15,564 units while producing 16,304 vehicles in Q3 2023. Prior to Friday's release, Rivian had been targeting full-year production of 57,000 units.

Rivian missed Q3 revenue and earnings estimates, reporting a $0.99 per-share loss and $874M in revenue, both below expectations. The EV maker's gross loss per vehicle increased to $39,130 in Q3, ...

Rivian reports Q3 financial results Thursday after market close. The earnings report could shed light on production and delivery guidance and what the 2024 election results could mean for the company.

Analysts expect Rivian to report a loss per share of $0.95 compared to $1.19 in Q3 2023.Additionally, they project revenue to decline about 24% year-over-year to $1.01 billion, reflecting lower ...

Rivian Q3 earnings financial preview. Investors got a scare after Rivian revealed plans to issue $1.5 billion in convertible debt last month.

Rivian's Q3 production fell nearly 19.3%, while deliveries were down 35.6% compared to the same period last year. The automaker produced 13,157 vehicles in Q3 and delivered 10,018 units.

Rivian Q3 Earnings Highlights: Revenue Miss, Production Up 67% QoQ, Reaffirms 25,000 Production Goal For Year And More ...

RIVN has an Earnings ESP of +2.06% and a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. Factors Shaping Rivian’s Q3 Results. In the third quarter of 2024 ...

Rivian's Q3 earnings will be a crucial moment for the company, as it faces challenges in the EV sector. Check out why RIVN stock is a Buy.

Rivian CEO RJ Scaringe said that to prepare for potential tariffs Trump has proposed on foreign goods, the company has been deliberate about materials sourcing for its upcoming lower-cost SUV, the ...