Lucid Group (LCID) Reports Q2 Loss, Beats Revenue Estimates

Lucid Group (LCID) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to a loss of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.27%. A quarter ago, it was expected that this an electric vehicle automaker would post a loss of $0.23 per share when it actually produced a loss of $0.24, delivering a surprise of -4.35%.Over the last four quarters, the ...