Lucid Group Q2 Earnings Preview - Betting the % change in closing price to win!
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Place your Bet on LCID's percentage change in closing price (e.g.+3%) of August 4 ET by 3:00 PM, August 4 ET. The mooer with the closest bet will win 300 points!
Place your Bet on LCID's percentage change in closing price (e.g.+3%) of August 4 ET by 3:00 PM, August 4 ET. The mooer with the closest bet will win 300 points!
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The 10th, 20th, 30th and so on mooers to comment will get 30 points.
The 10th, 20th, 30th and so on mooers to comment will get 30 points.
Dear mooers,
Lucid Group's Q2 2022 Earnings Conference Call is to be hosted on August 3 after the U.S. markets close! The consensus estimate for revenue is expected at $145.5 million, indicating a nearly 1.5 times QoQ growth. The EPS is estimated at ($0.356) for this quarter.
To increase the presence and brand awareness, Lucid has been busy lately by opening new retail locations. On June, Lucid opened its first Lucid Studio at University Village in Seattle, which marks 28 Studio and service center locations in North America. Besides, the company revealed before that a record up to 30,000 reservations of Lucid Air is for 2022 YTD. So a strong growth for the H2 2022 could be expected for Lucid.
The biggest risk Lucid could be facing are the supply constraints, which affects its production ramp-up. Actually Lucid's EV startup was already lowered than its production target this year earlier. Therefore, investors probably will closely watch for the new orders and targets if adjusted by Lucid.
The upcoming earnings results might offer more information and create more trading opportunities!
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