PureCycle Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
PureCycle Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
PureCycle Technologies, Inc. PCT.OQ reported a quarterly adjusted loss of 58 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -81 cents. The mean expectation of five analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -32 cents to -25 cents per share.
Revenue rose 173.5% to $4.51 million from a year ago; analysts expected $6.10 million.
PureCycle Technologies, Inc.'s reported EPS for the quarter was a loss of 80 cents.
The company reported a quarterly loss of $142.22 million.
PureCycle Technologies, Inc. shares had fallen by 15.3% this quarter and lost 20.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
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 environmental services & equipment peer group is "buy."
Wall Street's median 12-month price target for PureCycle Technologies, Inc. is $10.00, about 31.3% above its last closing price of $6.87
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 | -0.29 | -0.58 | Missed |
Mar. 31 2026 | -0.25 | -0.21 | Beat |
Dec. 31 2025 | -0.25 | -0.14 | Beat |
Sep. 30 2025 | -0.27 | -0.19 | Beat |