Earnings Summary

Lucid Group Inc.’s revenue jumped 15.6% since last year same period to $172.74Mn in the Q1 2024. On a quarterly growth basis, Lucid Group Inc. has generated 9.92% jump in its revenue since last 3-months.

Lucid Group Inc.’s net profit jumped 12.66% since last year same period to $-680.86Mn in the Q1 2024. On a quarterly growth basis, Lucid Group Inc. has generated -4.14% fall in its net profits since last 3-months.

Lucid Group Inc.’s net profit margin jumped 24.44% since last year same period to -394.15% in the Q1 2024. On a quarterly growth basis, Lucid Group Inc. has generated 5.25% jump in its net profit margins since last 3-months.

Lucid Group Inc.’s earning per share (EPS) estimates for the current quarter stand at -0.26 - a -4% fall from last quarter’s estimates.

Lucid Group Inc.’s earning per share (EPS) estimates for the current year stand at -0.26.

Lucid Group Inc.’s earning per share (EPS) jumped 23.08% since last year same period to -0.3 in the Q1 2024. This indicates that the Lucid Group Inc. has generated 23.08% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Lucid Group Inc.’s return on assets (ROA) stands at -0.24.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Lucid Group Inc.’s return on equity (ROE) stands at -0.65.