TMC Metals Q2 2024 GAAP EPS $(0.06) Misses $(0.05) Estimate
Portfolio Pulse from Benzinga Newsdesk
TMC Metals (NASDAQ:TMC) reported a Q2 2024 GAAP EPS of $(0.06), missing the analyst consensus estimate of $(0.05) by 20%. This represents a 20% increase in losses compared to the same period last year.
August 14, 2024 | 8:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
TMC Metals reported a Q2 2024 GAAP EPS of $(0.06), missing the analyst consensus estimate of $(0.05) by 20%. This represents a 20% increase in losses compared to the same period last year.
The reported earnings per share (EPS) missed analyst expectations by 20%, which is likely to negatively impact investor sentiment and the stock price in the short term. Additionally, the increase in losses compared to the same period last year further exacerbates the negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100