MP Materials Corp MP.N, MP is expected to show a fall in quarterly revenue when it reports results on August 1 for the period ending June 30 2024
The Las Vegas Nevada-based company is expected to report a 36.6% decrease in revenue to $40.59 million from $64.02 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.
LSEG's mean analyst estimate for MP Materials Corp is for a loss of 9 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for MP Materials Corp is $22.00, above its last closing price of $13.43.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Mar. 31 2024 |
-0.03 |
-0.02 |
-0.04 |
Missed |
-84.6 |
Dec. 31 2024 |
-0.03 |
-0.04 |
-0.02 |
Beat |
53.5 |
Sep. 30 2023 |
0.03 |
0.00 |
0.04 |
Beat |
4,100 |
Jan. 1 0001 |
0.07 |
0.06 |
0.09 |
Beat |
46.3 |
Mar. 31 2023 |
0.19 |
0.18 |
0.27 |
Beat |
49.6 |
Dec. 31 2022 |
0.16 |
0.17 |
0.42 |
Beat |
153.2 |
Sep. 30 2022 |
0.30 |
0.30 |
0.36 |
Beat |
21.4 |
Jan. 1 0001 |
0.33 |
0.33 |
0.43 |
Beat |
28.5 |
This summary was machine generated July 30 at 20:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)