Fisker Inc. (FSR) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -95%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.27, delivering a surprise of -42.11%.Over the last four quarters, the company has surpassed cons ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 8-K ______________________________________ Date of Report (Date of earliest event reported): February 29, 2024 ______________________________________ Fisker Inc. (Exact name of registrant as specified in its charter) ______________________________________ Delaware 001-38625 82-3100340 (State or other jurisdiction of incorporation) (Commission File Number) CURRENT REPORT Pursuant to Section 13 ...

Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today it has signed two new dealer partners in the US. Dealers joining the Dealer Partnership program are Bul Auto Sales, which plans to open Fisker Albany in New York state and Fisker Jacksonville in Florida; and Karma Indy, which intends to open Fisker Indianapolis in Indiana. (Photo: Fisker Inc.)Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric ve ...

Electric-vehicle stocks put pedal to the metal to start the week on Monday, encouraged by a single powerful earnings report out of Li Auto (LI 15.10%) in China. This morning, the company reported a $0.60-per-share non-GAAP profit for its Q4 2023 -- more than twice the $0.29 per share that analysts had predicted -- and said its sales in the fourth quarter approached $5.9 billion, well ahead of the expected $5.5 billion. Shares of both Lucid Group (LCID 5.96%) and Fisker (FSR 8.15%) are reacting positively to ...

While the S&P 500 seems poised to lock in a gain for the week, shares of electric vehicle (EV) upstart Fisker (FSR -3.17%) are driving in the other direction.Investors are choosing to unplug Fisker stock from their portfolios for two reasons. First, investors are losing confidence in the company after it reported that it has received a noncompliance letter from the New York Stock Exchange (NYSE). Also, the company is now under investigation regarding a vehicle safety concern.As of 12:40 p.m. ET on Thursday, ...

LKQ Corporation (LKQ) is slated to release fourth-quarter 2023 results on Feb 22 before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at 75 cents and $3.51 billion, respectively.For the fourth quarter, the consensus estimate for LKQ’s earnings per share has remained unchanged in the past 90 days. Its bottom-line estimates imply a decline of 3.85% from the year-ago reported number.The Zacks Consensus Estimate for LKQ’s quarterly revenues ...

Electric vehicle stocks are having a rough start to the week as the market drops and investors worry that high-cost purchases are slowing down. Home Depot's earnings release this morning showed a 4% drop in same-store sales in the U.S., driven by fewer high-priced purchases. While EV stocks and home improvement companies don't often have a lot in common, if we're seeing consumers pull back on home spending, they will likely also pull back on vehicle spending.Shares of Tesla (TSLA -3.10%) dropped as much as ...

A once-prominent electric vehicle (EV) startup may be on the verge of losing its spot on the New York Stock Exchange. Fisker (NYSE:FSR) enjoyed an impressive year of growth after making its public debut in October 2020. However, since its peak in early 2021, FSR stock has slowly bled out almost all its value, falling from nearly $30 per share to less than $1. Now, the company’s troubles are catching up to it. Fisker has received a non-compliance notice from the NYSE, citing its failure to trade above the $1 ...

LOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that it has signed a total of four dealer partners in the US as it undertakes a strategic shift in its business model. Dealers joining the Dealer Partnership program are the Mills Automotive Group, Ourisman Fisker, Classic Fisker, and Long Island Fisker. “I’m excited by the rapid progress of the Dealer Partnership model, which we an ...

The National Highway Traffic Safety Administration has opened a second investigation into EV startup Fisker’s Ocean SUV, after the agency received four complaints about the vehicle rolling away unexpectedly, including one injury.The company tells TechCrunch it is “fully cooperating” with the safety agency.The new probe comes just one month after NHTSA’s Office of Defects Investigation began investigating complaints of sudden loss of braking performance. Fisker claims that problem was resolved with a softwar ...