NKLA - Can Nikola beat Street view in Q1 despite ongoing supply chain issues?
Nikola (NKLA) is scheduled to announce Q1 earnings results on Thursday, May 5, before market open. Consensus EPS estimate is -$0.25 (-78.6% Y/Y) and consensus revenue estimate is $0.13M. Over the last 2 years, NKLA has beaten EPS estimates 50% of the time and revenue estimates 0% of the time. Over the last 3 months, EPS estimates have seen 4 upward revisions. Revenue estimates have seen 4 downward revisions. NKLA shares fell after its Q4 earnings report. It delivered the first 2 Nikola Tre BEVs to TTSI as a part of a pilot program and also began pilot operations with Anheuser-Busch. NKLA projected Q1 production of 8K-10K Tre BEVs. Investors will look out for any updates on commercial production of Tre BEVs. Commentary on critical parts and supply chain constraints will also be of interest. In an investor update, NKLA estimated manufacturing capacity of up to ~2.4K trucks by Q1 and ~20K trucks by
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Can Nikola beat Street view in Q1 despite ongoing supply chain issues?