Investing.com - Lucid Group (NASDAQ:LCID) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Lucid Group announced earnings per share of $-0.40 on revenue of $195.5M. Analysts polled by Investing.com anticipated EPS of $-0.32 on revenue of $210.69M.
Lucid Group shares are down 35% from the beginning of the year and are trading at $12.21 , down-from-52-week-high.
Lucid Group follows other major Consumer Discretionary sector earnings this month
Lucid Group's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar