Published on 3 May 2024 on Zacks via Yahoo Finance
Luminar (LAZR) to Report Q1 Earnings: What's in the Cards?
Luminar Technologies, Inc. LAZR is scheduled to release first-quarter 2024 results on May 7, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s loss per share and revenues is pegged at 22 cents and $22.09 million, respectively. The consensus mark for LAZR’s first-quarter loss per share has narrowed by a penny in the past 30 days.Its bottom-line estimates imply growth of 8.33% from the year-ago reported figure. The Zacks Consensus Estimate for its quarterly revenues suggests a year-over-year rise of 52.26%.In the last reported quarter, this LiDAR manufacturer incurred a net loss per share of 32 cents, wider than the Zacks Consensus Estimate of a loss of 30 cents. In the trailing four quarters, LAZR surpassed the Zacks Consensus Estimate thrice and missed once, delivering an average earnings surprise of 4.86%.
Luminar Technologies, Inc. Price and EPS Surprise
