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Faraday Future Intelligent Electric Inc. (FFIE)
NASDAQ:FFIE
Earnings Data
Report Date
May 09, 2025After Close (Confirmed)
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in cost reduction and strategic initiatives such as the launch of the FX brand and expansion in the Middle East. However, these are tempered by concerns over low cash reserves, limited vehicle deliveries, and ongoing financial losses.Company Guidance -
Q4 2024
Significant Cost Reduction
Operating expenses declined 92.6% to $3.8 million from $50.9 million in the prior year's quarter, primarily due to cost control initiatives and a nonrecurring gain of $14.9 million.
Nasdaq Compliance and Financial Restructuring
Regained full Nasdaq listing requirements compliance, completed a reverse stock split, and increased authorized share count. Successfully restructured certain convertible notes to reduce future cash obligations.
Introduction of FX Brand
Launched the FX brand targeting mass market segments with planned models FX 5 and FX 6, priced between $20,000 to $50,000. Entered preliminary agreements with 4 OEMs to leverage technologies and synergies.
Middle East Expansion
Announced a co-investment agreement with Master Investment Group to establish a regional headquarters in Ras Al Khaimah, marking progress in the Middle East as part of the third polar strategy.
Faraday Future Intelligent Electric (FFIE) Earnings, Revenues Date & History
FFIE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FFIE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Nov 06, 2024 | $1.82 | $1.79 | -1.65% |
Aug 14, 2024 | $6.72 | $5.07 | -24.55% |
May 28, 2024 | $46.80 | $17.77 | -62.03% |
May 20, 2024 | $41.20 | $72.00 | +74.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Faraday Future Intelligent Electric Inc. (FFIE) report earnings?
Faraday Future Intelligent Electric Inc. (FFIE) is schdueled to report earning on May 09, 2025, After Close (Confirmed).
What is Faraday Future Intelligent Electric Inc. (FFIE) earnings time?
Faraday Future Intelligent Electric Inc. (FFIE) earnings time is at May 09, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FFIE EPS forecast?
Currently, no data Available
