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Stock impact report

Why Lucid Group (LCID) Outpaced the Stock Market Today [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.1%. Shares of the an electric vehicle automaker witnessed a loss of 8.7% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 10.7% and underperforming the S&P 500's loss of 3.01%. The upcoming earnings release of Lucid Group will be of great interest to investors. The company's earnings report is expected on May 6, 2024. The company's upcoming EPS is projected at -$0.25, signifying a 41.86% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $173.09 million, reflecting a 15.83% rise from the equivalent quarter last year. LCID's full-year Zacks Consensus Estimates are calling for earnings of -$1.06 per share and revenue of $751.26 million. These results would represent year-over-year changes of +22.06% and +26.2%, respectively. Investors shoul Show less Read more
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