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Piedmont Lithium Inc. - Sponsored ADR (PLL) Reports Q2 Loss, Beats Revenue Estimates
Piedmont Lithium Piedmont Lithium (US:PLL) ZACKSยท2025-08-08 00:36

Core Viewpoint - Piedmont Lithium Inc. reported a quarterly loss of $0.44 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.36, indicating a negative earnings surprise of -22.22% [1] - The company has not surpassed consensus EPS estimates over the last four quarters, with revenues of $11.86 million for the quarter ended June 2025, which was 4.93% above the consensus estimate but down from $13.23 million a year ago [2] Group 1: Financial Performance - The quarterly loss of $0.44 per share compares to a loss of $0.69 per share a year ago, showing some improvement year-over-year [1] - Piedmont Lithium's revenues of $11.86 million for the recent quarter exceeded the Zacks Consensus Estimate, but were lower than the previous year's revenues of $13.23 million [2] - The company has topped consensus revenue estimates two times in the last four quarters [2] Group 2: Market Performance - Piedmont Lithium shares have declined approximately 4% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3] - The company's stock performance and future earnings expectations will largely depend on management's commentary during the earnings call [3][4] Group 3: Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.38 on revenues of $34 million, and for the current fiscal year, it is -$1.68 on revenues of $103.2 million [7] - The estimate revisions trend for Piedmont Lithium was favorable prior to the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Group 4: Industry Context - The Mining - Miscellaneous industry, to which Piedmont Lithium belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, which may impact the stock's performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which investors can track [5]