Luminar Technologies's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Luminar Technologies (NASDAQ:LAZR) is expected to report a Q4 EPS of $-0.19 on February 27, 2024. Analysts and investors are looking for an earnings beat and positive guidance for the next quarter. Historically, LAZR's stock price has been sensitive to earnings performance and guidance. The stock is currently trading at $2.19, down 75.13% over the last year, indicating a challenging period for shareholders.
February 26, 2024 | 6:02 pm
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NEUTRAL IMPACT
Luminar Technologies is anticipated to announce its quarterly earnings with an EPS of $-0.19. Given its history of stock sensitivity to earnings performance and guidance, the upcoming report could significantly impact its stock price.
Given LAZR's historical stock price sensitivity to earnings performance and guidance, the upcoming earnings report could either alleviate or exacerbate the current negative trend, depending on whether it meets or exceeds expectations. The stock's significant decline over the past year further heightens the importance of this earnings release.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100