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

Group 1 - PureCycle Technologies reported a quarterly loss of $0.27 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.25, representing an earnings surprise of -8% [1] - The company posted revenues of $1.58 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 43.57%, compared to zero revenues a year ago [2] - PureCycle Technologies shares have declined approximately 36% since the beginning of the year, contrasting with the S&P 500's decline of -4.7% [3] Group 2 - The earnings outlook for PureCycle Technologies is mixed, with the current consensus EPS estimate for the coming quarter at -$0.19 on $14 million in revenues, and -$0.80 on $61.8 million in revenues for the current fiscal year [7] - The Waste Removal Services industry, to which PureCycle Technologies belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges for stock performance [8]