5 Investors Betting Big on Lucid Motors (LCID) Stock
Lucid (LCID) InvestorPlace·2024-02-22 17:08
Lucid (NASDAQ:LCID) stock is down by nearly 20% after the electric vehicle (EV) company reported its Q4 earnings. During the quarter, revenue tallied in at $157.2 million, falling short of the analyst estimate of $180 million by about 12.6%. Earnings per share (EPS) came in at a loss of 29 cents, beating the analyst estimate of a loss of 30 cents.Lucid delivered a total of 1,734 vehicles during Q4, down from 1,932 deliveries year-over-year (YOY). That brought its total 2023 deliveries to 6,001 vehicles, up ...