Lilium (NASDAQ:LILM) Expected to Announce Earnings of -$0.15 Per Share

Wall Street analysts expect that Lilium (NASDAQ:LILM – Get Rating) will post earnings per share of ($0.15) for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Lilium’s earnings. The company is scheduled to issue its next earnings report 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 financial year, with EPS estimates ranging from ($0.65) to ($0.59). For the next financial year, analysts anticipate that the company will post earnings of ($0.70) per share, with EPS estimates ranging from ($0.73) to ($0.65). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Lilium.

Several brokerages have issued reports on LILM. Barclays cut 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. JPMorgan Chase & Co. began coverage on shares of Lilium in a research report on Thursday, April 28th. They issued a “neutral” rating and a $5.00 price target for the company. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $11.48.

Large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. acquired a new position in Lilium during the 1st quarter worth approximately $106,000. Invesco Ltd. increased its position in Lilium by 1,114.0% during the 1st quarter. Invesco Ltd. now owns 5,231,916 shares of the company’s stock worth $20,823,000 after purchasing an additional 4,800,934 shares in the last quarter. UBS Group AG increased its position in Lilium by 250.5% during the 1st quarter. UBS Group AG now owns 19,556 shares of the company’s stock worth $78,000 after purchasing an additional 13,977 shares in the last quarter. Allianz Asset Management GmbH increased its position in Lilium by 96.4% during the 1st quarter. Allianz Asset Management GmbH now owns 3,120,711 shares of the company’s stock worth $12,420,000 after purchasing an additional 1,531,711 shares in the last quarter. Finally, Magnus Financial Group LLC acquired a new position in Lilium in the 1st quarter valued at approximately $119,000. Institutional investors own 11.81% of the company’s stock.

NASDAQ:LILM opened at $3.09 on Friday. The stock has a 50 day moving average of $3.48 and a 200-day moving average of $5.23. Lilium has a 52 week low of $2.16 and a 52 week high of $11.66.

Lilium Company Profile (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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