Purecycle Technologies Inc expected to post a loss of 7 cents a share - Earnings Preview

PureCycle Technologies

05/05/2023 14:22

* Purecycle Technologies Inc  PCT.OQ   PCT.O  is expected
to show
no change in quarterly revenue when it reports  results on May
8. 
    * 
    * ​Refinitiv's mean analyst estimate for Purecycle
Technologies
Inc is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"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 $12.5​, above​ its last closing price
of $6.75. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.10       -0.11      -0.21     Missed  -89.2
 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
 ​​Sep.        -0.14       -0.13      -0.18     Missed  -34.2
 30 2021                                                
 Jun. 30 2021  -0.17       -0.16      -0.13     Beat    18.8​
 Mar. 31 2021  -0.08       -0.08      -0.59     Missed  -637.5
 Dec. 31 2020  -0.03       -0.03      -14.11    Missed  -46,93
                                                        3.3
 This summary was machine generated May 5 at 13:22 GMT.  All
figures in US dollars  unless otherwise stated