With a history of mixed earnings surprises, Lucara Diamond Corp is set to report its next earnings on August 7, 2026, raising questions about its ability to meet or exceed estimates.
Lucara Diamond Corp (LUC.TO) will release its earnings report for the fiscal period ending June 30, 2026, on August 7, 2026, after the market closes. The company’s share price has fluctuated significantly, and with an EPS estimate of -$0.01, investors are closely watching for any signs of a turnaround or further decline.
Recent earnings trend
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Lucara Diamond Corp
LUC.TO
LUC.TO
Lucara Diamond Corp
WealthAwesomeMarket cap
$238.56M
P/E
2.3x
52W high
$0.35
52W low
$0.15
1W change
+3.23%
Beta
0.70
Analyst Price Targets
Based on analyst covering LUC
Wall Street analysts forecast LUC stock price to rise 85.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$0.30
+85.6% Upside
Current Price
C$0.16
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on LUC's historical volatility
30-Day Vol
56.1%
Annualized
90-Day Vol
61.9%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$0.13
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.15 | C$0.12 – C$0.18 |
| 60 trading days | C$0.14 | C$0.11 – C$0.19 |
| 90 trading days | C$0.13 | C$0.10 – C$0.19 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-07 | — | -0.0100 | — |
| 2026-03-31 | 2026-05-07 | -0.0139 | — | — |
| 2025-12-31 | 2026-03-03 | 0.0200 | 0.0400 | -50.0% |
| 2025-09-30 | 2025-11-13 | 0.0200 | — | — |
| 2025-06-30 | 2025-08-08 | 0.0300 | -0.0200 | +250.0% |
| 2025-03-31 | 2025-05-09 | -0.0004 | 0.0300 | -101.3% |
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Investor takeaway: Lucara's upcoming earnings report is crucial as the company navigates a challenging market. Investors should pay attention to the earnings call for insights into operational efficiencies and future guidance, especially after the company secured significant bond financing earlier this year to support its Karowe Underground Project.
EPS Estimate: -$0.01, With a History of Mixed Earnings Surprises
Lucara has beaten earnings estimates in two of its last four quarters, but the current estimate of -$0.01 raises concerns about the company's profitability, especially given the substantial decline from last year's EPS of $0.03.
Bull case
If Lucara reports earnings above the consensus estimate, it could boost investor confidence, especially since it has beaten estimates in two of the last four quarters. The company’s strategic initiatives, including its recent bond financing, may lead to positive outcomes, positioning it for growth in the competitive diamond sector.
Bear case
On the other hand, if Lucara fails to meet the EPS estimate of -$0.01, it could indicate ongoing operational challenges and further erode investor confidence. The company’s recent EPS trends suggest potential difficulties, with a year-over-year decline of 133.3% expected. This could lead to increased scrutiny of its financial health and strategic direction.
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