• MP Materials Corp MP.N reported a quarterly adjusted loss of 12 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of twelve analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -19 cents to -5 cents per share.

• Revenue rose 19.8% to $62.93 million from a year ago; analysts expected $40.14 million.

• MP Materials Corp's reported EPS for the quarter was a loss of 16 cents​.

• The company reported a quarterly loss of $25.52 million.

• MP Materials Corp shares had risen by 11.5% this quarter and lost 0.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 9.1% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"

Wall Street's median 12-month price target for MP Materials Corp is $21.30

This summary was machine generated from LSEG data November 8 at 05:09 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)