MP Materials Corp. (MP) Reports Q3 Loss, Tops Revenue Estimates
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MP Materials Corp. reported a Q3 loss of $0.12 per share, slightly worse than the expected loss of $0.11 per share. However, the company exceeded revenue estimates.
November 08, 2024 | 1:00 am
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MP Materials Corp. reported a Q3 loss of $0.12 per share, slightly worse than the expected loss of $0.11 per share. However, the company exceeded revenue estimates.
The reported loss per share was slightly worse than expected, which could negatively impact the stock price. However, exceeding revenue estimates may offset this negative impact, leading to a neutral short-term effect on the stock price.
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