Recap: MP Materials Q1 Earnings

MP Materials MP reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

MP Materials beat estimated earnings by 50.0%, reporting an EPS of $0.27 versus an estimate of $0.18.

Revenue was down $70.56 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.25 which was followed by a 4.5% increase in the share price the next day.

Here's a look at MP Materials's past performance:

To track all earnings releases for MP Materials visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.