MP Materials Corp. (NYSE:MP) is in the spotlight Monday ahead of second-quarter earnings Thursday. Here’s what you need to know.
Check out what MP stock is doing now.
What To Know: Analysts estimate a loss of 18 cents per share and revenue of $46.31 million.
For the previous quarter, MP Materials reported a loss of 12 cents per share, in line with the consensus estimate. In addition, it reported revenue of $60.81 million, missing the consensus estimate of $63.69 million.
MP Materials has a mixed track record of beating revenue and earnings per share estimates in recent quarters.
Analyst Changes: Ahead of the earnings report, multiple analysts issued price targets.
The consensus price target for MP Materials is $43.25, with the lowest price target at $16 and the highest price target at $69.
MP Price Action: MP Materials stock closed 2.72% higher at $65.42, according to data from Benzinga Pro.
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Image: Courtesy of MP Materials Corp.
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