Li-Cycle Holdings Corp expected to post a loss of $1.32 a share - Earnings Preview

Reuters11-06
Li-Cycle Holdings Corp <licy.n> expected to post a loss of $1.32 a share - Earnings Preview </licy.n>

  • Li-Cycle Holdings Corp LICY.N, LICY.K is expected to show a rise in quarterly revenue when it reports results on November 7 for the period ending January 1 0001

  • The Toronto Ontario-based company is expected to report a 48.6% increase in revenue to $6.985 million from $4.7 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Li-Cycle Holdings Corp is for a loss of $1.32 per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "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 Li-Cycle Holdings Corp is 2.50​, below​ its last closing price of $3.80. ​​​

This summary was machine generated November 6 at 14:28 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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