Analysts Expect Lilium (NASDAQ:LILM) to Post -$0.15 Earnings Per Share

Equities research analysts expect Lilium (NASDAQ:LILMGet Rating) to post earnings of ($0.15) per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for Lilium’s earnings. The firm is expected to announce its next earnings results before the market opens on Monday, January 1st.

According to Zacks, analysts expect that Lilium will report full-year earnings of ($0.62) per share for the current fiscal year, with EPS estimates ranging from ($0.65) to ($0.59). For the next financial year, analysts anticipate that the company will report earnings of ($0.70) per share, with EPS estimates ranging from ($0.73) to ($0.65). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Lilium.

A number of research firms have weighed in on LILM. JPMorgan Chase & Co. began coverage on shares of Lilium in a research note on Thursday, April 28th. They issued a “neutral” rating and a $5.00 target price on the stock. Barclays dropped their target price on shares of Lilium from $7.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 19th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $11.48.

LILM traded down $0.10 during midday trading on Friday, reaching $3.11. The company had a trading volume of 881,518 shares, compared to its average volume of 1,041,020. Lilium has a 12-month low of $2.16 and a 12-month high of $11.66. The business has a 50-day moving average price of $3.47 and a two-hundred day moving average price of $5.33.

Hedge funds have recently made changes to their positions in the stock. Evoke Wealth LLC purchased a new stake in shares of Lilium during the 4th quarter valued at approximately $36,000. Advisor Group Holdings Inc. bought a new stake in Lilium during the 3rd quarter worth approximately $106,000. Penserra Capital Management LLC bought a new stake in Lilium during the 3rd quarter worth approximately $110,000. Squarepoint Ops LLC bought a new stake in Lilium during the 4th quarter worth approximately $94,000. Finally, Manchester Capital Management LLC bought a new stake in Lilium during the 1st quarter worth approximately $54,000. Institutional investors own 11.81% of the company’s stock.

About Lilium (Get Rating)

Lilium N.V., a transportation company, engages in the research and development of electric vertical takeoff and jet for use in high-speed air transport system for people and goods. The company has a strategic collaboration with Azul SA and Azul Linhas Aereas Brasileiras SA Lilium N.V. was founded in 2015 and is headquartered in Wessling, Germany.

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Earnings History and Estimates for Lilium (NASDAQ:LILM)

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