Lucid Group (LCID) Reports Q4 Loss, Tops Revenue Estimates

Core Viewpoint - Lucid Group reported a quarterly loss of $0.22 per share, which was better than the Zacks Consensus Estimate of a loss of $0.26, indicating a 15.38% earnings surprise [1] Financial Performance - The company posted revenues of $234.47 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 4%, and showing an increase from $157.15 million year-over-year [2] - Over the last four quarters, Lucid Group has exceeded consensus revenue estimates three times [2] Stock Performance and Outlook - Lucid Group shares have declined approximately 8% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The company's earnings outlook is uncertain, with current consensus EPS estimates at -$0.21 for the upcoming quarter and -$0.90 for the current fiscal year, with revenues expected to be $222.1 million and $1.34 billion respectively [7] Industry Context - The Automotive - Domestic industry, to which Lucid Group belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, which may negatively impact stock performance [8]