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What's Going On With Lucid Stock Monday?
Lucid Group Inc (NASDAQ:LCID) shares are in the spotlight Monday ahead of earnings. Here’s what you need to know before the EV maker reports second-quarter financial results after the market close.
What To Know: Lucid is due to report second-quarter results after the bell. According to estimates from Benzinga Pro, the company is expected to report a loss of 26 cents per share and revenue of $192.06 million. In the comparable quarter last year, Lucid reported a loss of 40 cents per share on revenue of $150.87 million.
Lucid announced production and delivery totals for the second quarter last month. The company said it produced 2,110 vehicles and delivered 2,394 vehicles during the quarter. For comparison, Lucid said it produced 1,728 vehicles and delivered 1,967 in the first quarter.
Last quarter, Lucid beat analyst estimates on the top line, reporting revenue of $172.7 ...