Piedmont Lithium (US:PLL) ZACKS·2025-05-07 23:05Company Performance - Piedmont Lithium Inc. reported a quarterly loss of $0.71 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.50, representing an earnings surprise of -42% [1] - The company posted revenues of $20 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 17.03%, compared to year-ago revenues of $13.4 million [2] - Over the last four quarters, Piedmont Lithium has not surpassed consensus EPS estimates and has topped consensus revenue estimates only once [2] Stock Movement and Outlook - Piedmont Lithium shares have declined approximately 14.8% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at -$0.12 on revenues of $28.51 million, and -$1.18 on revenues of $121.36 million for the current fiscal year [7] Industry Context - The Mining - Miscellaneous industry, to which Piedmont Lithium belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Piedmont Lithium's stock performance [5]