PureCycle Technologies, Inc. (PCT) Reports Q1 Loss, Lags Revenue Estimates

PureCycle Technologies, Inc. (PCT) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -8%. A quarter ago, it was expected that this company would post a loss of $0.24 per share when it actually produced a loss of $0.29, delivering a surprise of -20.83%. Over the last four quarters, the company ...