Autos

Rivian (RIVN) Q1 2022 earnings preview

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Rivian CEO RJ Scaringe inside the company’s customer experience center outside of its plant on Aptil 11, 2022 in Normal, Ill.

Michael Wayland / CNBC

Electric-vehicle maker Rivian Automotive will report its first-quarter earnings after market close on Wednesday. Wall Street analysts polled by Refinitiv expect a loss of $1.44 per share on revenue of about $130.5 million – but those numbers are likely to be just a small part of the story.

The bigger story is Rivian’s outlook for the next few quarters. Like most automakers, Rivian has been struggling with global supply chain disruptions that began during initial Covid-19 lockdowns and have been exacerbated since Russia invaded Ukraine in…



Source cnbc.com

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