Rivian (RIVN) to Report Q1 Earnings: Here's What to Expect

For the first quarter, the consensus estimate for RIVN’s loss per share has widened by a cent in the past seven days. Its bottom-line estimates imply a decline of 5.59% from the year-ago reported numbers. The Zacks Consensus Estimate for its quarterly revenues suggests a year-over-year increase of 622.96%.
Rivian Automotive, Inc. Price and EPS Surprise

Q4 Highlights
In fourth-quarter 2022, RIVN’s adjusted loss per share of $1.73 was narrower than the consensus mark of a loss of $1.89. The bottom line also narrowed from the year-ago loss of $2.43 a share.
Earnings ESP
RIVN has an Earnings ESP of +0.84%. This is because the Most Accurate Estimate for loss is 2 cents narrower than the Zacks Consensus Estimate.
Factors at Play
Rivian delivered 7,946 vehicles in the first quarter of 2023. It produced 9,395 vehicles at its manufacturing facility in Normal, IL, during the three months, ended Mar 31, 2023. The production and delivery numbers witnessed an uptick from the first-quarter 2022 levels.
Which way will $RIVN stock move after reporting earnings next week?