Sigma Lithium Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
31 Mar
Sigma Lithium Corp reports results for the quarter ended December 31 - Earnings Summary
  • Sigma Lithium Corp SGML.V reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of three analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 4 cents to 9 cents per share.

  • Revenue rose 31% to C$67.21 million from a year ago; analysts expected C$73.25 million.

  • Sigma Lithium Corp's reported EPS for the quarter was a loss of 10 cents​.

  • The company reported a quarterly loss of C$11.68 million.

  • Sigma Lithium Corp shares had risen by 2.5% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 10.3% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is also "buy"

  • Wall Street's median 12-month price target for Sigma Lithium Corp is C$24.04

This summary was machine generated from LSEG data March 31 at 01:30 p.m. UTC. ​All figures in Canadian 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.07

-0.10

Missed

Sep. 30 2024

0.09

-0.31

Missed

Jun. 30 2024

0.20

-0.13

Missed

Mar. 31 2024

0.22

-0.08

Missed

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