Rivian Automotive Q3 EPS $(0.48) Beats $(0.72) Estimate, Sales $2.155B Beat $1.984B Estimate

Rivian Automotive (NASDAQ:RIVN) reported quarterly losses of $(0.48) per share which beat the analyst consensus estimate of $(0.72) by 33.33 percent. This is a 26.15 percent increase over losses of $(0.65) per share from the same period last year. The company reported quarterly sales of $2.155 billion which beat the analyst consensus estimate of $1.984 billion by 8.63 percent. This is a 38.32 percent increase over sales of $1.558 billion the same period last year.