Li-Cycle Holdings Q3 Adj EPS $(0.19) Beats $(0.24) Estimate, Sales $4.70M Beat $2.99M Estimate
Portfolio Pulse from bharat@benzinga.com
Li-Cycle Holdings (NYSE:LICY) reported Q3 adjusted EPS of $(0.19), surpassing the $(0.24) estimate, and sales of $4.70M, exceeding the $2.99M estimate. This represents a decrease in losses per share of 18.75% and a sales increase of 339.06% compared to the same period last year.
November 13, 2023 | 9:14 pm
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POSITIVE IMPACT
Li-Cycle Holdings reported better-than-expected Q3 earnings and a significant increase in sales compared to last year.
Beating earnings estimates and reporting a substantial increase in sales year-over-year are strong positive indicators for a company's financial health and often lead to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100