Luminar Technologies reports Q4 loss but exceeds revenue estimates, stock performance outperforms S&P 500.

From Nasdaq: 2025-03-20 18:50:00

Luminar Technologies, Inc. (LAZR) reported a quarterly loss of $1.42 per share, beating the Zacks Consensus Estimate of a loss of $1.65. Revenues for the quarter ended December 2024 were $22.48 million, surpassing estimates by 34.15%. The stock has gained 34.6% year-to-date, outperforming the S&P 500’s -3.5% decline.

The company has surpassed consensus EPS estimates four times in the last four quarters. The sustainability of the stock’s movement will depend on management’s commentary. While the stock has outperformed so far, investors are eager to know what’s next for Luminar Technologies.

Workhorse Group (WKHS), in the same industry, is yet to report results. Expectations for a quarterly loss of $6.25 per share with revenues of $3.5 million have remained unchanged. Investors should consider the industry outlook, as it can impact stock performance.

For investors considering Luminar Technologies, Inc. (LAZR), it’s important to track the company’s earnings outlook and estimate revisions. The Zacks Rank of #3 (Hold) suggests performance in line with the market. Check out Zacks Investment Research for the latest stock recommendations and analysis.



Read more at Nasdaq: Luminar Technologies, Inc. (LAZR) Reports Q4 Loss, Tops Revenue Estimates