The Tesla competitor Lucid presented his balance sheet on Tuesday after the end of the trade.

In the fourth quarter of 2024 Lucid posted a minus of $ 0.22 per share. The result thus exceeded the estimates of the analysts, which had amounted to -0,254 US dollars per share. In the same period last year, the Tesla rival had suffered a loss of -0.29 US dollars per share.

Lucid’s turnover in the reporting period was $ 234,473 million after $ 157.2 million in the same period last year. In their forecasts, the analysts had estimated sales for the fourth quarter to $ 214.1 million.

For the entire financial year 2024, the experts expected a loss per share of $ 1.178. In fact, Lucid reported a minus of $ 1.25 per share, after -1.36 US dollars per share in the corresponding fiscal previous year. On the sales side, the group recorded $ 807,832 million in a total year and thus more than the analyst forecasts of $ 788.4 million. In the previous fiscal year, the total turnover was still $ 595.3 million.

In post-excessive trading on the Nasdaq, the Lucid share occurs temporarily with 5.36 percent higher at $ 2.7498.

Editor finance.net

Selected leverage products on Lucid

With knock-outs, speculative investors can participate disproportionately in price movements. Simply select the desired lever and we will show you suitable open-end products on Lucid

Advertising

Image sources: Lucid, Timothy A. Clary/AFP via Getty Images

ttn-28