Preview: Piedmont Lithium's Earnings

Piedmont Lithium (NASDAQ:PLL) is set to give its latest quarterly earnings report on Tuesday, 2023-11-07. Here's what investors need to know before the announcement.

Analysts estimate that Piedmont Lithium will report an earnings per share (EPS) of $1.84.

Piedmont Lithium bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Piedmont Lithium's past performance and the resulting price change:

Stock Performance

Shares of Piedmont Lithium were trading at $29.35 as of November 03. Over the last 52-week period, shares are down 55.04%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Piedmont Lithium visit their earnings calendar on our site.

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

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.


Posted In: