Livent Q2 Adj EPS $0.51 Beats $0.47 Estimate, Sales $235.80M Miss $252.86M Estimate
Portfolio Pulse from bharat@benzinga.com
Livent (NYSE:LTHM) reported Q2 earnings of $0.51 per share, beating the analyst consensus estimate of $0.47 by 8.51%. However, the company's quarterly sales of $235.80 million missed the analyst consensus estimate of $252.86 million by 6.75%.
August 04, 2023 | 2:29 pm
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NEUTRAL IMPACT
Livent's Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Livent's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These two factors could offset each other, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100