分组1 - Luminar Technologies reported a quarterly loss of $1.42 per share, better than the Zacks Consensus Estimate of a loss of $1.65, and improved from a loss of $3 per share a year ago, resulting in an earnings surprise of 13.94% [1] - The company achieved revenues of $22.48 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 34.15%, and showing a slight increase from $22.11 million in the same quarter last year [2] - Luminar Technologies has surpassed consensus EPS estimates in all four of the last quarters, while it has topped consensus revenue estimates only once during the same period [2] 分组2 - The stock has increased approximately 34.6% since the beginning of the year, contrasting with a decline of 3.5% in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is -$1.50 on revenues of $17.16 million, and for the current fiscal year, it is -$6.25 on revenues of $101.01 million [7] - The Zacks Industry Rank for Automotive - Original Equipment is in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stock performance [8]

Q4'24 Business Update March 20, 2025 P LUMINA C LUMINAL Creating advanced LiDAR ar software« to enable the world safest and smartest vehicle refer to Footnotes on slide 4 for more detail. 2025 Lumir Disclaimer & Cautionary Note Forward-looking statements This presentation of Luminar Technologies, Inc. ('Luminar" or the "company") Includes "forward–looking statements" within the meaning of the "safe harbor" securities litigation reform act of 1995. Forward-looking statements may be identified by the use of w ...

Luminar Technologies (LAZR) is set to report fourth-quarter 2024 results on March 20.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.For the fourth quarter of 2024, LAZR expects revenues to grow moderately relative to the third quarter of 2024, driven by growth in sensor sales, including the continued ramp of the Volvo EX90 as well as non-series production revenues.The Zacks Consensus Estimate for LAZR’s fourth-quarter revenues is pegged at $16.76 million, indicating a year-over-year ...

Luminar Technologies, Inc. (LAZR) closed at $5.17 in the latest trading session, marking a -1.9% move from the prior day. The stock's change was less than the S&P 500's daily loss of 1.78%. Meanwhile, the Dow experienced a drop of 0.99%, and the technology-dominated Nasdaq saw a decrease of 2.61%.Shares of the company witnessed a loss of 2.95% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 15.76% and the S&P 500's loss of 3.48%.The investment community will ...

Company Performance - Luminar Technologies, Inc. (LAZR) closed at $5.20, reflecting a +1.17% change from the previous trading day's closing, which is less than the S&P 500's daily gain of 1.59% [1] - Over the last month, the company's shares have decreased by 3.75%, outperforming the Auto-Tires-Trucks sector's loss of 17.57% but underperforming the S&P 500's loss of 2.42% [1] Upcoming Earnings - The earnings report for Luminar Technologies, Inc. is scheduled for March 20, 2025, with a projected EPS of -$2.20, indicating a 26.67% increase compared to the same quarter of the previous year [2] - The consensus estimate for revenue is $16.76 million, which represents a decline of 24.2% from the prior-year quarter [2] Analyst Estimates - Recent adjustments to analyst estimates for Luminar Technologies, Inc. are crucial as they reflect the changing nature of near-term business trends, with positive revisions indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which incorporates these estimate changes, aims to provide actionable ratings based on the performance of stocks [4] Zacks Rank and Industry Position - Luminar Technologies, Inc. currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection remaining stagnant over the past 30 days [5] - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 166, placing it within the bottom 34% of over 250 industries, indicating weaker performance compared to higher-ranked industries [6]

Company Performance - Luminar Technologies, Inc. (LAZR) closed at $5.34, reflecting a +1.71% increase from the previous day, outperforming the S&P 500's daily gain of 0.53% [1] - Over the last month, the company's shares decreased by 2.42%, which is better than the Auto-Tires-Trucks sector's loss of 8.98% but underperformed compared to the S&P 500's gain of 1.24% [1] Earnings Expectations - The upcoming earnings report for Luminar Technologies is anticipated to show an EPS of -$2.20, representing a 26.67% improvement from the same quarter last year [2] - Revenue is expected to be $16.76 million, indicating a 24.2% decline compared to the corresponding quarter of the previous year [2] Analyst Forecasts - Recent revisions to analyst forecasts for Luminar Technologies are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Industry Performance - Luminar Technologies currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [5] - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 168, placing it in the bottom 34% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

Company Performance - Luminar Technologies, Inc. closed at $5.25, reflecting a -1.78% change from the previous day, underperforming compared to the S&P 500's loss of 0.47% [1] - Over the last month, the company's shares decreased by 0.65%, outperforming the Auto-Tires-Trucks sector's loss of 7.82% but lagging behind the S&P 500's gain of 1.67% [1] Earnings Report Expectations - The upcoming earnings report is expected to show an EPS of -$2.20, which represents a 26.67% increase compared to the same quarter last year [2] - Revenue is anticipated to be $16.76 million, indicating a 24.2% decrease from the same quarter of the previous year [2] Analyst Forecasts - Recent revisions to analyst forecasts for Luminar Technologies are crucial as they reflect changing business trends [3] - Upward revisions in estimates indicate analysts' positive outlook on the company's operations and profit generation capabilities [3] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Luminar Technologies at 3 (Hold) [5] - The Automotive - Original Equipment industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 164, placing it in the bottom 35% of over 250 industries [6]

Core Insights - Luminar Technologies, a lidar producer, has seen its stock price plummet from a high of $627 to around $6 since its public debut in December 2020, indicating significant investor losses [1] - The company has faced challenges typical of SPAC-backed firms, including overpromising on revenue growth and underdelivering, particularly in light of rising interest rates impacting valuations [2][6] - Despite these challenges, Luminar's lidar technology, which utilizes a higher wavelength of infrared light, claims to offer superior range and resolution compared to competitors [4][5] Company Performance - Luminar's revenue forecasts from 2020 to 2023 were overly optimistic, with actual revenues falling short of projections, particularly for 2023, where it expected $124 million but only achieved $70 million [8] - The company has struggled with negative gross margins and significant liabilities, holding $661 million in total liabilities against only $114 million in cash [9] - Analysts project a compound annual growth rate (CAGR) of 44% for Luminar's revenue from 2023 to 2026, potentially reaching $208 million as it capitalizes on partnerships with automakers like Volvo [11] Market Outlook - The global lidar market is expected to grow at a CAGR of 20% from 2025 to 2030, driven by advancements in semi-autonomous and autonomous vehicle technologies [11] - Luminar's current enterprise value of $773 million suggests it may not be a bargain at 11 times projected sales for 2024, but if it meets growth expectations, its value could rise significantly by 2028 [12] - Despite potential growth, Luminar is anticipated to remain unprofitable in the near term, raising concerns about its business model sustainability [13]

Core View - The analyst recommended a buy rating for Luminar Technologies (NASDAQ: LAZR) in April last year, believing the company was on track to meet its FY30 targets [1] Investment Criteria - An ideal investment should operate in a sector projected to experience structural (organic) growth exceeding GDP growth over the next 5-10 years [1] - The investment should generate profits from sustainable competitive advantages that translate into attractive unit economics [1] - The company should be managed by competent, ethical, and long-term thinkers [1] - The investment should have a fair valuation [1] Analyst Disclosure - The analyst has no stock, option, or similar derivative position in any of the mentioned companies [1] - The analyst has no plans to initiate any such positions within the next 72 hours [1] - The article expresses the analyst's own opinions and is not receiving compensation for it (other than from Seeking Alpha) [1] - The analyst has no business relationship with any company whose stock is mentioned in the article [1]

Company Overview - Luminar Technologies (NASDAQ: LAZR) is a company specializing in LiDAR technology, which is crucial for enabling autonomous and assisted-driving vehicles [1] Industry Focus - LiDAR technology is an essential component for the development of autonomous and assisted-driving cars [1] Research Principles - Grassroots Trading emphasizes providing objective, unbiased, and balanced research supported by solid data, free from emotional influences or company preferences [2] - The focus is on small- to mid-cap companies, offering unique investment opportunities often overlooked by investors [2] - Periodically, potential opportunities in large- and mega-cap companies are identified to provide comprehensive coverage of the equity markets [2]