An Overview of Luminar Technologies's Earnings

Luminar Technologies LAZR is preparing to release its quarterly earnings on Monday, 2024-11-11. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Luminar Technologies to report an earnings per share (EPS) of $-0.17.

The announcement from Luminar Technologies is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Overview of Past Earnings

Last quarter the company beat EPS by $0.01, which was followed by a 37.36% drop in the share price the next day.

Here's a look at Luminar Technologies's past performance and the resulting price change:

Performance of Luminar Technologies Shares

Shares of Luminar Technologies were trading at $0.8911 as of November 07. Over the last 52-week period, shares are down 70.13%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

To track all earnings releases for Luminar Technologies visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.