* Luminar Technologies Inc reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -21 cents. The mean expectation of eight analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -23 cents to -14 cents per share.

* Revenue fell 8.6% to $15.49 million from a year ago; analysts expected $18.86 million.

* Luminar Technologies Inc's reported EPS for the quarter was 6 cents​.

* The company reported quarterly net income of $27.4 million.

* Luminar Technologies Inc shares had fallen by 2.3% this quarter and lost 73.9% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 3.7% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and 2 "sell" or "strong sell."

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Luminar Technologies Inc is $1.75 This summary was machine generated from LSEG data November 12 at 03:41 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.17 -0.16 Beat

Jun. 30 2024 -0.18 -0.18 Met

Mar. 31 2024 -0.20 -0.19 Beat

Dec. 31 2023 -0.19 -0.20 Missed