Li-Cycle Holdings Corp expected to post a loss of 13 cents a share - Earnings Preview

Li-Cycle Holdings

08/05/2024 14:17

* Li-Cycle Holdings Corp  LICY.N   LICY.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 10 for
the period ending March 31 2024
    * The Toronto Ontario-based  company is expected to report a
61.3% increase in revenue to $5.808 million from $3.6 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 13 cents 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 had fallen by
about 12.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Li-Cycle
Holdings
Corp is $1.00​, above​ its last closing price of $0.66. ​​​

This summary was machine generated May 8 at 13:17 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)