MP Materials Corp reports results for the quarter ended June 30 - Earnings Summary
MP Materials Corp reports results for the quarter ended June 30 - Earnings Summary
MP Materials Corp MP.N reported a quarterly adjusted loss of 1 cent per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -13 cents. The mean expectation of seventeen analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -5 cents to 6 cents per share.
Revenue rose 89% to $108.49 million from a year ago; analysts expected $99.18 million.
MP Materials Corp's reported EPS for the quarter was a loss of 11 cents.
The company reported a quarterly loss of $20.3 million.
MP Materials Corp shares had fallen by 14.5% this quarter and lost 5.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 106.1% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"
Wall Street's median 12-month price target for MP Materials Corp is $78.50, about 39.5% above its last closing price of $47.49
This summary was machine generated from LSEG data August 6 at 09:01 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.00 | -0.01 | Missed |
Mar. 31 2026 | 0.00 | 0.03 | Beat |
Dec. 31 2025 | 0.00 | 0.09 | Beat |
Sep. 30 2025 | -0.18 | -0.10 | Beat |
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