Arcadium Lithium PLC reports results for the quarter ended in September 30 - Earnings Summary

reuters11-08
<a href="https://laohu8.com/S/ALTM">Arcadium Lithium</a> <a href="https://laohu8.com/S/PLC">PLC</a> reports results for the quarter ended in September 30 - Earnings Summary
  • Arcadium Lithium PLC ALTM.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended September 30. The mean expectation of fifteen analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -5 cents to 8 cents per share.

  • Revenue was $203.10 million​; analysts expected $268.59 million.

  • Arcadium Lithium PLC's reported EPS for the quarter was 1 cent​.

  • The company reported quarterly net income of $16.1 million.

  • Arcadium Lithium PLC shares had risen by 88.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 4.6% 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 "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the specialty chemicals peer group is "hold."

Wall Street's median 12-month price target for Arcadium Lithium PLC is 5.85

This summary was machine generated from LSEG data November 8 at 05:10 a.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

Sep. 30 2024

0.04

0.01

Missed

Jun. 30 2024

0.05

0.05

Met

Mar. 31 2024

0.04

0.06

Beat

Dec. 31 2023

0.14

0.34

Beat

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