Lucid (US:LCID) ZACKS·2025-05-06 23:10Core Viewpoint - Lucid Group reported a quarterly loss of $0.24 per share, slightly worse than the Zacks Consensus Estimate of a loss of $0.23, but an improvement from a loss of $0.30 per share a year ago [1][2] Financial Performance - The company posted revenues of $235.05 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.45%, but showing an increase from $172.74 million in the same quarter last year [2] - Over the last four quarters, Lucid Group has surpassed consensus EPS estimates only once [2] - The current consensus EPS estimate for the upcoming quarter is -$0.26 on revenues of $303.75 million, and for the current fiscal year, it is -$0.93 on revenues of $1.29 billion [7] Stock Performance - Lucid Group shares have declined approximately 21.9% since the beginning of the year, compared to a decline of 3.9% for the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6] Industry Outlook - The Automotive - Domestic industry, to which Lucid Group belongs, is currently ranked in the bottom 10% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Lucid Group's stock performance [5]