3 Years Ago
1 Min Read
Watching out for LAZR's upcoming earnings report? Some things we're thinking about:
Luminar Technologies Inc - Class A (LAZR) is reporting earnings on Monday. Lets focus in on how the stock is performing.
Analysts think we'll see Luminar Technologies Inc - Class A check in with a Normalized EPS (earnings per share) of -$0.16, GAAP Estimate
-$0.24, Revenue Estimate $8.45. Over the last 90 days, there have been 7 earnings reductions and no increases.
If you're a bull you'll primarily care about two things. The first is that the reported EPS beat analysts estimates. The stock should move on just that news alone. The second is that the report paints a vivid picture of how the company will grow in the coming quarters. EPS beat and and growth story, those are the things to watch.
When they're finished harrassing campers, chasing hikers, or Mauling Leonard DiCaprio in the Revenant, LAZR bears will be listening for news that the company underperformed the analysts' estimates. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
Share price moves can have an impact on existing shareholder sentiment. As of July 31 shares of LAZR are trading at $6.76. Over the last 52-week period, the price is down -71.72%.
Analysts think we'll see Luminar Technologies Inc - Class A check in with a Normalized EPS (earnings per share) of -$0.16, GAAP Estimate
-$0.24, Revenue Estimate $8.45. Over the last 90 days, there have been 7 earnings reductions and no increases.
If you're a bull you'll primarily care about two things. The first is that the reported EPS beat analysts estimates. The stock should move on just that news alone. The second is that the report paints a vivid picture of how the company will grow in the coming quarters. EPS beat and and growth story, those are the things to watch.
When they're finished harrassing campers, chasing hikers, or Mauling Leonard DiCaprio in the Revenant, LAZR bears will be listening for news that the company underperformed the analysts' estimates. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
If you haven't traded too many earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, your ability to recognize one or the other will improve.
Share price moves can have an impact on existing shareholder sentiment. As of July 31 shares of LAZR are trading at $6.76. Over the last 52-week period, the price is down -71.72%.
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