Li-Cycle Holdings LICY will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Li-Cycle Holdings to report an earnings per share (EPS) of $-1.32.
The market awaits Li-Cycle Holdings's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $1.62, leading to a 1.71% drop in the share price the following trading session.
Here's a look at Li-Cycle Holdings's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -1.98 | -1.04 | -1.60 | -1.92 |
| EPS Actual | -0.36 | -6.08 | 3.04 | -1.52 |
| Price Change % | -2.0% | -13.0% | 8.0% | -55.00000000000001% |
Market Performance of Li-Cycle Holdings's Stock
Shares of Li-Cycle Holdings were trading at $3.8 as of November 05. Over the last 52-week period, shares are down 77.64%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Li-Cycle Holdings visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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