Lucid (US:LCID) ZACKS·2025-07-30 14:11Core Viewpoint - Lucid Group is expected to report a loss of 22 cents per share with revenues of $253.4 million for Q2 2025, indicating a year-over-year improvement in both loss and revenue growth [1][2]. Group 1: Earnings Estimates - The loss per share estimate has narrowed by 2 cents over the past week, reflecting a 24% year-over-year improvement [2]. - The Zacks Consensus Estimate for quarterly revenues suggests a 26% year-over-year growth [2]. - Lucid has missed EPS estimates three times and beat once in the last four quarters, with an average negative earnings surprise of 6.13% [2]. Group 2: Earnings Whispers - The model predicts an earnings beat for Lucid, supported by a positive Earnings ESP of +3.08% and a Zacks Rank 3 (Hold) [3]. - The combination of these factors increases the likelihood of an earnings beat for the company [3]. Group 3: Factors Influencing Q2 Results - Lucid sold a record 3,099 vehicles in Q2, marking a 38% increase year-over-year and a 6% increase sequentially [4][8]. - Production reached 3,863 units, an 83% increase from the same period in 2024 [4][8]. - The increase in deliveries is expected to positively impact revenues for the upcoming quarter [4]. Group 4: Market Dynamics - Discounts of up to $22,500 on the Air sedan have been offered, which is nearly 25% off its $90,000 price tag, indicating strategic pricing to boost sales [5]. - The Gravity SUV launch has attracted many former Tesla owners, with about half of Lucid's customers switching from Tesla [5]. - Over 75% of Gravity orders are from first-time Lucid buyers, suggesting a growing interest in the company's premium EV offerings [5].