Lucid Group Inc (LCID) reported disappointing financial results for the third quarter of fiscal 2025. The company posted an earnings per share (EPS) of $-2.65, falling short of Wall Street's consensus estimate of $-2.32 by $0.33. Revenue also missed expectations, coming in at $0.3 billion compared to the anticipated $0.4 billion.
This update provides insight into Lucid's recent operational performance and financial health. The missed analyst expectations may reflect ongoing challenges within the business or broader market conditions.
The company, headquartered in Newark, California, manufactures electric vehicles, including the Lucid Air and Lucid Gravity. The Lucid Air boasts an EPA-estimated range of 420 miles, while the Lucid Gravity offers space for up to seven adults and an estimated range of 450 miles. Lucid Group went public on July 29, 2020, and currently employs approximately 6,800 full-time workers.
Management will host an earnings conference call at AMC to discuss these results and provide additional commentary on business performance. Investors are encouraged to review the full earnings release and listen to management's insights for complete context on the quarter's performance and future outlook.
Upcoming earnings are scheduled for August 2, 2026, with an EPS estimate of $-1.632 and revenue estimate of $0.6 billion.