Sigma Lithium Corp reports results for the quarter ended December 31 - Earnings Summary

• Sigma Lithium Corp SGML.OQ reported a quarterly adjusted loss of 31 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of two analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -9 cents to -9 cents per share.

• Revenue fell 16.7% to C$23.56 million from a year ago; analysts expected C$57.29 million.

• Sigma Lithium Corp's reported EPS for the quarter was a loss of 31 cents​.

• Sigma Lithium Corp shares had fallen by 20.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1,234.4% 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 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Sigma Lithium Corp is $18.00, about 41.9% above its last closing price of $10.46

This summary was machine generated from LSEG data March 30 at 04:45 p.m. UTC. ​All figures in Canadian 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)