Luminar Technologies Inc reports results for the quarter ended in September - Earnings Summary

Luminar Technologies

02/11/2022 21:03

* Luminar Technologies Inc  LAZR.OQ  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended in September.
The mean expectation of ten analysts for the quarter was for a
loss of 20 cents per share.
    * Revenue rose 60.3% to $12.79 million from a year ago;
analysts
expected $9.11 million. 
    * Luminar Technologies Inc's reported EPS for the quarter
was a
loss of 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 17.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Luminar Technologies Inc shares had risen by 13.2% this
quarter and lost 51.2% so far this year.
    * The company reported a quarterly loss of $117.55 million.
    * Wall Street's median 12-month price target for Luminar
Technologies Inc is $14.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.20          -0.18          Beat
 Jun. 30 2022      -0.16          -0.18          Missed
 Mar. 31 2022      -0.13          -0.16          Missed
 Dec. 31 2021      -0.11          -0.12          Missed