Piedmont Lithium Inc expected to post a loss of 58 cents a share - Earnings Preview

Piedmont Lithium

08/11/2024 15:33

* Piedmont Lithium Inc  PLL.OQ   PLL.O  is expected to show
a fall
in quarterly revenue when it reports  results on November 12 for
the period ending September 30 2024
    * The Belmont North Carolina North Carolina-based  company
is
expected to report a 40.2% decrease in revenue to $28.189
million from $47.13 million a year ago, according to the mean
estimate from 6 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Piedmont Lithium Inc is
for a
loss of 58 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 2 "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 Piedmont
Lithium
Inc is $12.00​, below​ its last closing price of $12.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.26       -0.26      -0.69     Missed  -169.8
 Mar. 31 2024  -0.66       -0.54      -1.22     Missed  -127.3
 Dec. 31 2023  0.15        0.45       -1.32     Missed  -395​
 Sep. 30 2023  1.57        1.50       0.88      Missed  -41.2
 ​​Jun.        -0.42       -0.48      -0.55     Missed  -15.4
 30 2023                                                
 Mar. 31 2023  -0.45       -0.50      -0.47     Beat    6.3​
 Dec. 31 2022  -0.41       -0.39      -0.62     Missed  -60.3
 Sep. 30 2022              -0.43      0.44      Beat    201.8
 This summary was machine generated November 8 at 15:33 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)