Lucid Q3 Earnings 2023 - Review, Dashboard, What to expect next 12 months on Lucid stock

Lucid Q3 Earnings 2023 - Review, Dashboard, What to expect next 12 months from Lucid stock. Lucid (Nasdaq:LCID) reported third-quarter sales that missed Wall Street estimates and at the same time lowered production guidance for the remainder of 2023. Lucid announced a third-quarter per-share loss of 28 cents on sales of $138 million, beating Wall Street expectations of 40 cents on sales of about $178 million. The operating loss amounted to about $753 million, better than the $830 million analysts projected. While Lucid's EPS loss was smaller than expected it unfortunaetly came from lower sales. Lucid also reduced its forecast of 2023 production to between 8,000-8,500 cars, from the previous goal of about 10,000. #TonyDenaro #LCID #Lucid

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