Arcadium Lithium PLC (ASX:LTM, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $408.33 million, and the earnings are expected to come in at $0.06 per share. The full year 2024's revenue is expected to be $1.60 billion and the earnings are expected to be $0.23 per share. More detailed estimate data can be found on the Forecast page.
Arcadium Lithium PLC (ASX:LTM, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Arcadium Lithium PLC (ASX:LTM) for the full year 2024 have declined from $1.75 billion to $1.60 billion, and for 2025 from $2.37 billion to $1.80 billion. Earnings estimates have also seen a reduction, with 2024 estimates decreasing from $0.30 per share to $0.23 per share, and 2025 estimates from $0.50 per share to $0.29 per share.
Arcadium Lithium PLC (ASX:LTM, Financial) Reported History
In the previous quarter of June 30, 2024, Arcadium Lithium PLC's (ASX:LTM) actual revenue was $384.23 million, which beat analysts' revenue expectations of $369.97 million by 3.86%. Arcadium Lithium PLC's (ASX:LTM) actual earnings were $0.11 per share, which beat analysts' earnings expectations of $0.075 per share by 41.33%. After releasing the results, Arcadium Lithium PLC (ASX:LTM) was down by -8.02% in one day.
Arcadium Lithium PLC (ASX:LTM, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Arcadium Lithium PLC (ASX:LTM) is $8.26 with a high estimate of $8.70 and a low estimate of $6.56. The average target implies a downside of -0.41% from the current price of $8.29.
According to GuruFocus estimates, the estimated GF Value for Arcadium Lithium PLC (ASX:LTM, Financial) in one year is $9.64, suggesting an upside of 16.28% from the current price of $8.29.
Based on the consensus recommendation from 7 brokerage firms, Arcadium Lithium PLC's (ASX:LTM, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a strong buy, and 5 denotes a sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
