Piedmont Lithium Q2 2024 Adj EPS $(0.65) Misses $(0.26) Estimate, Sales $13.23M Miss $18.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Piedmont Lithium (NASDAQ:PLL) reported Q2 2024 adjusted EPS of $(0.65), missing the analyst estimate of $(0.26) by 150%. Sales were $13.23M, missing the $18.15M estimate by 27.11%.
August 08, 2024 | 11:08 am
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Piedmont Lithium reported a significant miss in both EPS and sales for Q2 2024, with EPS at $(0.65) missing the $(0.26) estimate by 150% and sales at $13.23M missing the $18.15M estimate by 27.11%.
The significant miss in both EPS and sales indicates weaker-than-expected financial performance, likely leading to a negative short-term impact on PLL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100