Analysts Expect Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) Will Post Earnings of -$0.44 Per Share

Brokerages expect Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEGet Rating) to announce earnings per share (EPS) of ($0.44) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Faraday Future Intelligent Electric’s earnings. The company is scheduled to announce its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that Faraday Future Intelligent Electric will report full-year earnings of ($2.50) per share for the current financial year. For the next year, analysts forecast that the firm will post earnings of ($1.16) per share. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Faraday Future Intelligent Electric.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Morgan Stanley acquired a new position in shares of Faraday Future Intelligent Electric during the third quarter valued at approximately $40,000. Deutsche Bank AG bought a new stake in shares of Faraday Future Intelligent Electric in the 4th quarter worth approximately $40,000. Wolverine Asset Management LLC bought a new position in shares of Faraday Future Intelligent Electric in the fourth quarter valued at $43,000. SALESFORCE.COM Inc. acquired a new stake in shares of Faraday Future Intelligent Electric during the 3rd quarter valued at $47,000. Finally, PNC Financial Services Group Inc. purchased a new position in Faraday Future Intelligent Electric in the 3rd quarter worth about $52,000.

Shares of NASDAQ:FFIE traded down $0.12 on Friday, reaching $4.50. 991,127 shares of the company’s stock were exchanged, compared to its average volume of 1,833,397. The business’s 50-day moving average is $4.92 and its two-hundred day moving average is $6.02. Faraday Future Intelligent Electric has a fifty-two week low of $3.71 and a fifty-two week high of $17.48.

About Faraday Future Intelligent Electric (Get Rating)

Faraday Future Intelligent Electric Inc engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was founded in 2014 and is headquartered in Gardena, California.

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