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Rivian Q3 Earnings Preview: Analyst Worries About Demand, Will Company Comment On 2024 Election Impact?

Benzinga ·  01:43

Electric vehicle companyRivian Automotive(NASDAQ:RIVN) could provide an update on production and delivery guidance and share the impact the 2024 election outcome has on the company's future when third-quarter financial results are reported Thursday after market close.

Earnings Estimates: Analysts expect Rivian to report third-quarter revenue of $1.00 billion, according to data from Benzinga Pro.

The revenue forecast is below last year's third-quarter total of $1.34 and would be the company's lowest revenue total in six quarters.

Rivian has beaten analyst estimates for revenue in six straight quarters and seven of the past 10 quarters overall.

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