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PCTTU — PureCycle Technologies News Story

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Purecycle Technologies Inc expected to post a loss of 23 cents a share - Earnings Preview

* Purecycle Technologies Inc  PCT.OQ   PCT.O  is expected
to show
a rise in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The Orlando Florida-based  company is expected to report
revenue
of $178 thousand, according to the mean estimate from 4
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Purecycle Technologies
Inc is
for a loss of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "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 Purecycle
Technologies Inc is $6.00​, above​ its last closing price
of $5.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.17       -0.16      0.03      Beat    119
 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.        -0.10       -0.11      -0.21     Missed  -89.2
 30 2022                                                
 Jun. 30 2022  -0.14       -0.14      -0.09     Beat    34.3​
 Mar. 31 2022  -0.13       -0.14      -0.19     Missed  -35.7
 Dec. 31 2021  -0.18       -0.15      -0.15     Met     -1.6
 This summary was machine generated February 27 at 14:08 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)

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