Piedmont Lithium Inc reports results for the quarter ended December 31 - Earnings Summary

Piedmont Lithium

20/02/2025 14:32

* Piedmont Lithium Inc  PLL.OQ  reported a quarterly
adjusted loss
of 55 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $-1.32.  The mean expectation of six analysts
for the quarter was for a loss of 50 cents per share. Wall
Street expected results to range from -67 cents to -25 cents per
share.
    * Revenue rose 723.6% to $45.59 million from a year ago;
analysts
expected $33.82 million. 
    * Piedmont Lithium Inc's reported EPS for the quarter was a
loss
of 55 cents​.
    * The company reported a quarterly loss of $11.1 million.
    * Piedmont Lithium Inc shares had fallen by 6.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 23.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialty
mining &
metals peer group is also "hold"

Wall Street's median 12-month price target for Piedmont Lithium
Inc is $13.50 
This summary was machine generated from LSEG data February 20 at
02:31 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
 Dec. 31 2024      -0.50          -0.55          Missed
 Sep. 30 2024      -0.49          -0.86          Missed
 Jun. 30 2024      -0.26          -0.69          Missed
 Mar. 31 2024      -0.54          -1.22          Missed