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

Wall Street brokerages expect Faraday Future Intelligent Electric Inc. (NASDAQ:FFIEGet Rating) to announce ($0.44) earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Faraday Future Intelligent Electric’s earnings. The firm is expected 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 year. For the next year, analysts expect that the firm will report earnings of ($1.16) per share. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover Faraday Future Intelligent Electric.

NASDAQ:FFIE traded down $0.06 during mid-day trading on Friday, hitting $2.78. The company had a trading volume of 2,461,538 shares, compared to its average volume of 4,677,414. Faraday Future Intelligent Electric has a fifty-two week low of $1.65 and a fifty-two week high of $17.48. The business’s fifty day moving average is $3.87 and its two-hundred day moving average is $5.02. The company has a current ratio of 3.17, a quick ratio of 3.17 and a debt-to-equity ratio of 0.21.

A number of large investors have recently added to or reduced their stakes in the business. Morgan Stanley bought a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth about $40,000. SALESFORCE.COM Inc. bought a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth about $47,000. PNC Financial Services Group Inc. bought a new stake in shares of Faraday Future Intelligent Electric in the third quarter worth about $52,000. Deutsche Bank AG bought a new stake in shares of Faraday Future Intelligent Electric in the fourth quarter worth about $40,000. Finally, Wolverine Asset Management LLC bought a new position in shares of Faraday Future Intelligent Electric during the fourth quarter worth about $43,000.

Faraday Future Intelligent Electric Company Profile (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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