OTC$NRDE
Nu Ride Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported a net loss and provided business outlook.
Lordstown Motors reported a net loss of $108.2 million for the second quarter of 2021. The company is on track to begin limited production in late September and expects capital expenditures between $375 and $400 million for the year.
- Reported second quarter 2021 net loss of $108 million.
- Capex of $121 million and cash of $366 million on June 30, 2021.
- Beginning limited vehicle production in late September.
- Lordstown plant is production ready with retooling of stamping, assembly, body, and paint shops completed.
Headline financials
Revenue & EPS history
Nu Ride · Revenue · Quarterly
$0
Revenue by segment
Nu Ride · $194K total across 1 segment · Q4 2022
- Endurance$194K—100.0%
Forward guidance
Lordstown Motors provided financial outlook for 2021, expecting limited Endurance production, capital expenditures between $375 and $400 million, and operating expenses between $95 and $105 million in SG&A and $310 and $320 million in R&D.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q2 2021
+0.4%
Avg return
Earnings day
-4.0%
Avg return
5 days after
-12.7%
Avg return
30 days after
44%
8 / 18 earnings
Positive
+23.9%
Q3 2021
Best reaction
-8.9%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2024 | -3.3% | -3.3% | -20.0% | |
| Q2 2024 | +6.0% | +1.6% | -6.6% | |
| Q1 2024 | +2.3% | +0.6% | -0.6% | |
| Q4 2024 | -6.2% | -9.6% | -2.3% | |
| Q4 2023 | +7.4% | +1.8% | +8.0% | |
| Q3 2023 | -3.4% | -2.6% | +18.1% | |
| Q2 2023 | -3.4% | +21.3% | +29.9% | |
| Q1 2023 | +4.1% | -8.3% | -17.9% | |
| Q4 2022 | -8.9% | -25.4% | -47.9% | |
| Q3 2022 | -5.4% | +0.0% | -24.9% | |
| Q2 2022 | +1.7% | -19.5% | -30.4% | |
| Q1 2022 | -2.6% | -3.4% | -37.7% | |
| Q4 2021 | -3.6% | -7.0% | -31.6% | |
| Q3 2021 | +23.9% | -1.3% | -25.2% | |
| Q2 2021 | -4.3% | -6.5% | +6.0% | |
| Q1 2021 | +1.6% | -0.1% | -14.4% | |
| Q4 2020 | -0.9% | -12.4% | -34.2% | |
| Q4 2019 | +2.7% | +1.8% | +3.4% |
Discussion
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