American Lithium Q1 2025 Adj EPS CAD$(0.03) Misses CAD$(0.02) Estimate
Portfolio Pulse from Benzinga Newsdesk
American Lithium reported an adjusted EPS of CAD$(0.03) for Q1 2025, missing the estimate of CAD$(0.02). The company also reported a loss and comprehensive loss of $7,006,169 for the quarter ended May 31, 2024, compared to $11,122,415 for the same period in 2023.
July 16, 2024 | 9:44 pm
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American Lithium's Q1 2025 adjusted EPS of CAD$(0.03) missed the estimate of CAD$(0.02). The company reported a loss of $7,006,169, an improvement from the $11,122,415 loss in the same period last year.
The miss on EPS estimates is likely to negatively impact the stock price in the short term. However, the reduction in losses compared to the previous year may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100