Lucara Diamond Future Growth

Future criteria checks 3/6

Lucara Diamond's revenue is forecast to decline at 2.4% per annum while its annual earnings are expected to grow at 22.6% per year. EPS is expected to grow by 21.3% per annum.

Key information

22.6%

Earnings growth rate

21.3%

EPS growth rate

Metals and Mining earnings growth	28.1%
Revenue growth rate	-2.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	08 Apr 2024

Recent future growth updates

Recent updates

Lucara Diamond (TSE:LUC) Hasn't Managed To Accelerate Its Returns

Feb 01

Lucara Diamond (TSE:LUC) Seems To Be Using A Lot Of Debt

Dec 08

Lucara Diamond's (TSE:LUC) Returns On Capital Not Reflecting Well On The Business

Aug 16

Would Shareholders Who Purchased Lucara Diamond's (TSE:LUC) Stock Five Years Be Happy With The Share price Today?

Mar 08

Calculating The Fair Value Of Lucara Diamond Corp. (TSE:LUC)

Jan 15

Lucara Diamond (TSE:LUC) Is Making Moderate Use Of Debt

Dec 11

Earnings and Revenue Growth Forecasts

TSX:LUC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	165	15	N/A	N/A	1
12/31/2025	231	61	-7	85	1
12/31/2024	244	72	-8	102	1
12/31/2023	177	-20	-52	63	N/A
9/30/2023	183	24	-57	63	N/A
6/30/2023	176	15	-54	69	N/A
3/31/2023	187	22	-43	86	N/A
12/31/2022	213	40	-29	96	N/A
9/30/2022	228	35	3	123	N/A
6/30/2022	251	46	-6	118	N/A
3/31/2022	245	39	-15	100	N/A
12/31/2021	230	24	-14	83	N/A
9/30/2021	215	18	-39	37	N/A
6/30/2021	183	0	-31	23	N/A
3/31/2021	144	-20	-30	10	N/A
12/31/2020	125	-26	-35	-2	N/A
9/30/2020	139	-14	-12	20	N/A
6/30/2020	143	-12	3	30	N/A
3/31/2020	178	2	18	42	N/A
12/31/2019	193	13	23	50	N/A
9/30/2019	177	-2	6	40	N/A
6/30/2019	178	7	-15	30	N/A
3/31/2019	200	26	6	62	N/A
12/31/2018	176	12	-16	45	N/A
9/30/2018	173	19	-30	29	N/A
6/30/2018	205	47	17	82	N/A
3/31/2018	220	60	21	87	N/A
12/31/2017	221	65	37	97	N/A
9/30/2017	250	75	N/A	128	N/A
6/30/2017	210	38	N/A	57	N/A
3/31/2017	271	52	N/A	90	N/A
12/31/2016	295	71	N/A	103	N/A
9/30/2016	295	78	N/A	101	N/A
6/30/2016	347	126	N/A	173	N/A
3/31/2016	245	89	N/A	98	N/A
12/31/2015	224	78	N/A	85	N/A
9/30/2015	229	44	N/A	77	N/A
6/30/2015	230	41	N/A	88	N/A
3/31/2015	262	48	N/A	128	N/A
12/31/2014	266	47	N/A	133	N/A
9/30/2014	254	84	N/A	153	N/A
6/30/2014	205	57	N/A	108	N/A
3/31/2014	181	64	N/A	93	N/A
12/31/2013	181	65	N/A	99	N/A
9/30/2013	151	52	N/A	70	N/A
6/30/2013	122	34	N/A	62	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LUC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: LUC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LUC is expected to become profitable in the next 3 years.

Revenue vs Market: LUC's revenue is expected to decline over the next 3 years (-2.4% per year).

High Growth Revenue: LUC's revenue is forecast to decline over the next 3 years (-2.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LUC's Return on Equity is forecast to be high in 3 years time

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Lucara Diamond Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Lucara Diamond Corp. Provides Earnings and Production Guidance for the Year 2024

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2024

Lucara Diamond Corp. Revises Operating Guidance for the Full Year 2023

Lucara Diamond Corp. Reaffirms Operating and Revenue Guidance for the Full Year 2023

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2023

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2023

Recent updates

New minor risk - Market cap size

Lucara Diamond Corp. Announces Updated Feasibility Study for Karowe Under Underground Project

President recently bought CA$64k worth of stock

Lucara Diamond Corp., Annual General Meeting, May 10, 2024

Lucara Diamond Corp. Unveils Diamond Recovery from Its Karowe Diamond Mine

Full year 2023 earnings released: US$0.044 loss per share (vs US$0.089 profit in FY 2022)

Lucara Diamond Corp. Provides Earnings and Production Guidance for the Year 2024

Lucara Diamond Corp. to Report Fiscal Year 2023 Results on Feb 20, 2024

Lucara Diamond (TSE:LUC) Hasn't Managed To Accelerate Its Returns

Lucara Diamond (TSE:LUC) Seems To Be Using A Lot Of Debt

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2024

Third quarter 2023 earnings released: EPS: US$0.023 (vs US$0.004 in 3Q 2022)

Lucara Diamond Corp. Revises Operating Guidance for the Full Year 2023

Lucara Diamond Corp. to Report Q3, 2023 Results on Nov 10, 2023

Lucara Diamond Corp. Announces Resignation of Zara Boldt as Chief Financial Officer, Effective December 29, 2023

President recently bought CA$99k worth of stock

Lucara Diamond Corp. Announces Recovery of 692.3 Carat Diamond from the Karowe Diamond Mine in Botswana

High number of new directors

Lucara Diamond Corp. Announces Executive Changes

Lucara Diamond's (TSE:LUC) Returns On Capital Not Reflecting Well On The Business

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.011 (vs US$0.028 in 2Q 2022)

Lucara Diamond Corp. Announces Recovery of Fourth Diamond in Excess of 1,000 Carats from the Karowe Mine in Botswana, a 1,080 Carat Type IIa White Gem Quality Diamond from the South Lobe

Lucara Diamond Corp. to Report Q2, 2023 Results on Aug 09, 2023

Lucara Diamond Corp. Provides Karowe Underground Expansion Project Update

First quarter 2023 earnings released: EPS: US$0.002 (vs US$0.042 in 1Q 2022)

Lucara Diamond Corp. Reaffirms Operating and Revenue Guidance for the Full Year 2023

Is Lucara Diamond (TSE:LUC) A Risky Investment?

Full year 2022 earnings released: EPS: US$0.089 (vs US$0.056 in FY 2021)

Lucara Diamond Corp., Annual General Meeting, May 12, 2023

Lucara Diamond Corp. to Report Q4, 2022 Results on Feb 21, 2023

Lucara Diamond (TSE:LUC) Has A Pretty Healthy Balance Sheet

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2023

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2023

Consensus EPS estimates fall by 29%

Third quarter 2022 earnings released: EPS: US$0.004 (vs US$0.029 in 3Q 2021)

Lucara Diamond Corp. Provides Operating and Revenue Guidance for the Full Year 2022

Consensus EPS estimates increase by 16%

Second quarter 2022 earnings released: EPS: US$0.028 (vs US$0.015 in 2Q 2021)

Lucara Diamond Corp.'S Founder and Former Chairman and Director Lukas H. Lundin Passes Away

Consensus forecasts updated

Consensus EPS estimates increase by 55%

Consensus EPS estimates increase by 19%

Less than half of directors are independent

Lucara Diamond Corp. Provides Sales and Operating Guidance for the Full Year of 2022

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

A Look At The Fair Value Of Lucara Diamond Corp. (TSE:LUC)

Consensus forecasts updated

Consensus EPS estimates fall by 44%

Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind

Lucara Diamond Corp. Provides Revenue Guidance for the Full Year of 2022

Lucara Announces Retirement of Lukas Lundin as Chairman

Lucara Diamond Corp. to Report Q1, 2022 Results on May 05, 2022

Consensus forecasts updated

Lucara Diamond Corp. Provides Revenue Guidance for Full Year of 2022

Here's Why Lucara Diamond (TSE:LUC) Has A Meaningful Debt Burden

Third quarter 2021 earnings released: EPS US$0.029 (vs US$0.014 loss in 3Q 2020)

Lucara Diamond Corp. Announces That the Board of Directors Has Formally Approved the Karowe Underground Expansion Project

Zebra Holdings and Investments S.à.r.l., Lorito Holdings S.à.r.l. and Nemesia S.à.r.l. acquired 5.25% stake in Lucara Diamond Corp. (TSX:LUC) for CAD 15.8 million.

Lucara Diamond Corp. Revises Operating Guidance for the Full Year 2021

Second quarter 2021 earnings released: EPS US$0.015 (vs US$0.035 loss in 2Q 2020)

Lucara Diamond Corp. Announces Karowe Underground Expansion Project Update

Lucara Diamond Corp. announced that it has received CAD 25.3575 million in funding from Nemesia S.à.r.l.

Lucara Diamond Corp. Announces the Recovery of a 62.7 Carat Fancy Pink Diamond from Its 100% Owned Karowe Diamond Mine Located in Botswana

Insider exercised options to buy CA$41k worth of stock.

Lucara Diamond Corp. Recovers 1,174 Carat Diamond from the Karowe Mine in Botswana

Lucara Diamond Corp. Recovers 470 Carat Diamond from the Karowe Mine in Botswana

First quarter 2021 earnings released: EPS US$0.009 (vs US$0.008 loss in 1Q 2020)

Lucara Diamond Corp. Provides Operating Guidance for the Full Year 2021