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OTCMKTS:LKNCY

Luckin Coffee 10/30/2024 Earnings Results & Report

Luckin Coffee logo
$32.78 -0.52 (-1.56%)
As of 03:59 PM Eastern

Luckin Coffee beat analyst earnings expectations in results released October 30, 2024. The company reported EPS of $0.64 versus the $0.44 consensus estimate, while revenue was $1.45 billion.

Earnings Announcement Details

Report Date
Time
Before Market Opens

Luckin Coffee EPS Results

Actual EPS
$0.64
Consensus EPS
$0.44
Beat/Miss
Beat by +$0.20
One Year Ago EPS
N/A
EPS Beat Rate
4 of last 6 quarters

Luckin Coffee Revenue Results

Actual Revenue
$1.45 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Upcoming Earnings

Luckin Coffee's next earnings date is estimated for Tuesday, November 24, 2026, based on past reporting schedules.

Conference Call Resources

Luckin Coffee Earnings FAQ

Luckin Coffee (OTCMKTS:LKNCY) reported earnings of $0.64 per share for the quarter, beating the consensus estimate of $0.44. The report was announced on Wednesday, October 30, 2024.

Luckin Coffee reported revenue of $1.45 billion for the quarter.

Luckin Coffee's next earnings date is estimated for Tuesday, November 24, 2026. MarketBeat tracks confirmed and estimated earnings dates for Luckin Coffee on the company's earnings history page.

Luckin Coffee Earnings Headlines

Luckin Coffee: A 6x Earnings Stock With Almost 30% Growth
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About Luckin Coffee

Luckin Coffee (OTCMKTS:LKNCY) Inc. is a China-based coffeehouse company that operates a technology-driven retail and delivery network. The company sells freshly prepared coffee beverages, including espresso-based drinks and specialty coffee, along with tea beverages, light meals, snacks and other food products.

Founded in 2017, Luckin built its business around mobile ordering, cashless payment, store-based pickup and delivery. Its locations typically emphasize convenience and standardized preparation, serving customers through a combination of pickup stores, delivery-oriented outlets and larger café locations.

Luckin primarily serves customers in mainland China and has also expanded its operations into Singapore. The company has grown its menu beyond traditional coffee offerings to include seasonal beverages and locally adapted products. Its operations are supported by mobile applications and digital customer-engagement tools.

Luckin experienced significant corporate and accounting challenges in 2020, including an internal investigation and its subsequent delisting from the Nasdaq Stock Market. The company later completed a restructuring process and continued operating its business under new management. Guo Jinyi has served as the company’s chairman and chief executive officer.

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