Lucid Group (LCID) Reports Q1 Loss, Lags Revenue Estimates

Lucid Group (LCID) came out with a quarterly loss of $0.30 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this an electric vehicle automaker would post a loss of $0.28 per share when it actually produced a loss of $0.29, delivering a surprise of -3.57%.Over the last four quarters, the comp ...