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via seekingalpha.comBusiness & Companies

Lucid set to report another loss-making quarter; cash flow updates in focus

FROM THE WIRE · SEEKINGALPHA.COM

[Used Lucid Air Dream Edition display. With pricing concerns, Lucid is buying and selling preowned EVs to meet demand. MY:2022] jetcityimage/iStock Editorial via Getty Images Lucid (LCID [https://seekingalpha.com/symbol/LCID]) is expected to show an improvement in its losses…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralEarnings from a volatile EV stock can move the price, but expectations point to an ordinary result.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Lucid is expected to show a smaller loss than a year ago, with EPS estimated at -$2.21.
  2. 02Revenue is projected at $399.14 million, up 18.6%.
  3. 03Over the last three months EPS estimates had no upward revisions and four downward moves.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Lucid Group, Inc.LCIDStock3.29 USDMarket closedtoday +10.40%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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