MP Materials Corp. (MP) Reports Q2 Loss, Misses Revenue Estimates
MPMP Materials(MP) ZACKS·2024-08-02 07:20

MP Materials Corp. (MP) came out with a quarterly loss of 0.17pershareversustheZacksConsensusEstimateofalossof0.17 per share versus the Zacks Consensus Estimate of a loss of 0.10. This compares to earnings of 0.09pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−700.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -70%. A quarter ago, it was expected that this company would post a loss of 0.01 per share when it actually produced a loss of $0.04, delivering a surprise of -300%.Over the last four quarters, the company has surpas ...