MP Materials Corp. (MP) Reports Q3 Loss, Tops Revenue Estimates

MP Materials Corp. (MP) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of$ 0.11. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9.09%. A quarter ago, it was expected that this company would post a loss of$ 0.10 per share when it actually produced a loss of $0.17, delivering a surprise of -70%. Over the last four quarters, the company has sur ...