Li-Cycle Holdings Corp expected to post a loss of $1.98 a share - Earnings Preview

Li-Cycle Holdings

06/08/2024 19:32

* Li-Cycle Holdings Corp  LICY.N   LICY.K  is expected
to show a
rise in quarterly revenue when it reports  results on August 8
for the period ending January 1 0001
    * The Toronto Ontario-based  company is expected to report a
18.9% increase in revenue to $4.28 million from $3.6 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Li-Cycle Holdings Corp
is for
a loss of $1.98 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 $6.00​, above​ its last closing price of $2.95. ​​​

This summary was machine generated August 6 at 18:31 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)