Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) Expected to Post Earnings of -$0.24 Per Share

Wall Street analysts expect Faraday Future Intelligent Electric Inc (NASDAQ:FFIE) to announce ($0.24) earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Faraday Future Intelligent Electric’s earnings. The company is expected to issue 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 ($1.07) per share for the current fiscal year. For the next financial year, analysts expect that the company will post earnings of ($2.50) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Faraday Future Intelligent Electric.

Separately, Wedbush initiated coverage on Faraday Future Intelligent Electric in a research report on Tuesday, August 17th. They issued an “outperform” rating and a $17.00 price target for the company.

Shares of FFIE traded down $0.56 during mid-day trading on Wednesday, hitting $10.58. The stock had a trading volume of 20,367 shares, compared to its average volume of 1,777,992. The stock’s fifty day moving average price is $10.53. Faraday Future Intelligent Electric has a 52 week low of $8.70 and a 52 week high of $20.75.

About Faraday Future Intelligent Electric

Faraday Future is a shared intelligent mobility ecosystem company. Faraday Future, formerly known as Property Solutions Acquisition Corp., is based in NEW YORK.

See Also: Initial Coin Offering (ICO)

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Earnings History and Estimates for Faraday Future Intelligent Electric (NASDAQ:FFIE)

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