Local Bounti Corporation (LOCL) Reports Q2 Loss, Lags Revenue Estimates
LOCLLocal Bounti (LOCL) ZACKS·2024-08-13 21:25

Local Bounti Corporation (LOCL) came out with a quarterly loss of 3pershareversustheZacksConsensusEstimateofalossof3 per share versus the Zacks Consensus Estimate of a loss of 3.19. This compares to loss of 1.35pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof5.961.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.96%. A quarter ago, it was expected that this company would post a loss of 2.76 per share when it actually produced a loss of $2.89, delivering a surprise of -4.71%.Over the last four quarters, the company has sur ...