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Luminar Technologies Inc expected to post a loss of $1.78 a share - Earnings Preview

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 ENDINGSTARMINESMARTESTIMATE®LSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Dec. 31 2024-1.99-2.18-1.42Beat34.9
Sep. 30 2024-2.45-2.51-2.40Beat4.5
Jun. 30 2024-2.54-2.76-2.70Beat2.3​
Mar. 31 2024-3.07-3.03-2.85Beat5.9
​​Dec. 31 2023-2.82-2.83-3.00Missed-6.1
Sep. 30 2023-3.66-3.28-3.15Beat3.9​
Jun. 30 2023-3.46-3.44-3.15Beat8.3
Mar. 31 2023-3.20-3.09-3.60Missed-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)

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