Purecycle Technologies Inc expected to post a loss of 16 cents a share - Earnings Preview

PureCycle Technologies

03/11/2023 12:57

* Purecycle Technologies Inc  PCT.OQ   PCT.O  is expected
to show
a rise in quarterly revenue when it reports  results 
    * The Orlando Florida-based  company is expected to report
revenue
of $5.06 million, according to the mean estimate from 5
analysts, based on LSEG data.  
    * ​Refinitiv's mean analyst estimate for Purecycle
Technologies
Inc is for a loss of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Purecycle
Technologies Inc is $15.5​, above​ its last closing price
of $4.33. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  -0.12       -0.13      -0.35     Missed  -176
 Mar. 31 2023  -0.13       -0.13      -0.16     Missed  -27.2
 Dec. 31 2022  -0.09       -0.11      -0.05     Beat    54​
 Sep. 30 2022  -0.10       -0.11      -0.21     Missed  -89.2
 ​​Jun.        -0.14       -0.14      -0.09     Beat    34.3
 30 2022                                                
 Mar. 31 2022  -0.13       -0.14      -0.19     Missed  -35.7​
 Dec. 31 2021  -0.18       -0.15      -0.15     Met     -1.6
 Sep. 30 2021  -0.14       -0.13      -0.18     Missed  -34.2
 This summary was machine generated November 3 at 12:57 GMT.  All
figures in US dollars  unless otherwise stated