Luminar Technologies Inc LAZR.OQ LAZR.O is expected to show a fall in quarterly revenue when it reports results on May 5 (estimated) for the period ending March 31 2025
The Orlando Florida-based company is expected to report a 23.8% decrease in revenue to $15.98 million from $20.97 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Luminar Technologies Inc is for a loss of $1.78 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.
Wall Street's median 12-month price target for Luminar Technologies Inc is $5.75, above its last closing price of $3.94.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-1.99
-2.18
-1.42
Beat
34.9
Sep. 30 2024
-2.45
-2.51
-2.40
Beat
4.5
Jun. 30 2024
-2.54
-2.76
-2.70
Beat
2.3
Mar. 31 2024
-3.07
-3.03
-2.85
Beat
5.9
Dec. 31 2023
-2.82
-2.83
-3.00
Missed
-6.1
Sep. 30 2023
-3.66
-3.28
-3.15
Beat
3.9
Jun. 30 2023
-3.46
-3.44
-3.15
Beat
8.3
Mar. 31 2023
-3.20
-3.09
-3.60
Missed
-16.6
This summary was machine generated May 2 at 11:51 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)