Nikola (NKLA) Reports Q1 Loss, Misses Revenue Estimates

Nikola (NKLA) came out with a quarterly loss of $0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of$0.26 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this pioneer in zero-emission trucks would post a loss of $0.16 per share when it actually produced a loss of$0.11, delivering a surprise of 31.25%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Nikola, which belongs to th ...