Li-Cycle Holdings Corp expected to post a loss of $1.32 a share - Earnings Preview

Li-Cycle Holdings

06/11/2024 14:28

* Li-Cycle Holdings Corp  LICY.N   LICY.K  is expected
to show a
rise in quarterly revenue when it reports  results on November 7
for the period ending January 1 0001
    * The Toronto Ontario-based  company is expected to report a
48.6% increase in revenue to $6.985 million from $4.7 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Li-Cycle Holdings Corp
is for
a loss of $1.32 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Li-Cycle
Holdings
Corp is 2.50​, below​ its last closing price of $3.80. ​​​

This summary was machine generated November 6 at 14:28 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)