Wall Street forecasts Rivian to report a narrower loss of $0.62 per share on $1.57B revenue for Q2.
Rivian will release second-quarter earnings on July 30 after the market closes. Analysts expect a loss of $0.62 per share, improving 22.5% year-over-year, alongside revenue of $1.57 billion, up nearly 21% from the same period last year.
The electric vehicle maker raised its full-year production guidance earlier this month, citing strong demand and operational improvements. Q1 results saw a loss of $1.48 per share on $1.2B revenue, missing estimates but showing sequential growth.
Shares have climbed 15% since the guidance update, reflecting investor optimism ahead of the report.