Lucid Group (NASDAQ:LCID – Get Free Report) will post its quarterly earnings results after the market closes on Monday, August 5th. Analysts expect Lucid Group to post earnings of ($0.26) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Lucid Group (NASDAQ:LCID – Get Free Report) last posted its earnings results on Monday, May 6th. The company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.05). Lucid Group had a negative net margin of 441.29% and a negative return on equity of 53.53%. The company had revenue of $172.74 million during the quarter, compared to the consensus estimate of $173.54 million. During the same quarter in the prior year, the business earned ($0.43) EPS. The firm’s revenue for the quarter was up 15.6% compared to the same quarter last year. On average, analysts expect Lucid Group to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Lucid Group Stock Down 4.6 %
LCID stock opened at $3.12 on Friday. Lucid Group has a twelve month low of $2.29 and a twelve month high of $7.30. The company has a quick ratio of 4.12, a current ratio of 4.66 and a debt-to-equity ratio of 0.49. The stock’s 50 day moving average is $3.01 and its 200-day moving average is $2.96. The firm has a market capitalization of $7.20 billion, a PE ratio of -2.46 and a beta of 1.04.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Lucid Group
About Lucid Group
Lucid Group, Inc a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services.
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