Piedmont Lithium Inc expected to post a loss of 54 cents a share - Earnings Preview

Piedmont Lithium

07/05/2024 13:14

* Piedmont Lithium Inc  PLL.OQ   PLL.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Belmont North Carolina North Carolina-based  company
is
expected to report revenue of $15.367 million, according to the
mean estimate from 4 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Piedmont Lithium Inc is
for a
loss of 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Piedmont
Lithium
Inc is $53.00​, above​ its last closing price of $13.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.15        0.45       -1.32     Missed  -395
 Sep. 30 2023  1.57        1.50       0.88      Missed  -41.2
 Jun. 30 2023  -0.42       -0.48      -0.55     Missed  -15.4​
 Mar. 31 2023  -0.45       -0.50      -0.47     Beat    6.3
 ​​Dec.        -0.41       -0.39      -0.62     Missed  -60.3
 31 2022                                                
 Jan. 1 0001               -0.43      0.44      Beat    201.8​
 Jun. 30 2022  -0.48       -0.38      -0.53     Missed  -39.7
 Mar. 31 2022  -0.25       -0.26      -0.36     Missed  -35.8
 This summary was machine generated May 7 at 12:14 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)