Local Bounti Corporation (LOCL) Reports Q3 Loss, Misses Revenue Estimates
Local Bounti (LOCL) ZACKS·2024-11-14 22:25
Local Bounti Corporation (LOCL) came out with a quarterly loss of $4.01 per share versus the Zacks Consensus Estimate of a loss of $2.78. This compares to loss of $3.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -44.24%. A quarter ago, it was expected that this company would post a loss of $3.19 per share when it actually produced a loss of $3, delivering a surprise of 5.96%.Over the last four quarters, the company has su ...