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Local Bounti

2.37

-0.4250-15.23%

Volume:74.58K

Turnover:188.80K

Market Cap:25.15M

PE:-0.17

High:2.98

Open:2.80

Low:2.30

Close:2.79

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Overview Company News Filings

Sadot Group Inc. Appoints Mark McKinney as Chairman of the Board

ACCESS Newswire

Local Bounti Announces Multi-Year Award With Large Multinational Retailer

THOMSON REUTERS

Local Bounti Announces Multi-Year Award with Large Multinational Retailer

Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%

Simply Wall St.

Bearish: Analysts Just Cut Their Local Bounti Corporation (NYSE:LOCL) Revenue and EPS estimates

Simply Wall St.

Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Simply Wall St.

Local Bounti Corp reports results for the quarter ended September 30 - Earnings Summary

Local Bounti Corporation (LOCL) Reports Q3 Loss, Misses Revenue Estimates

Local Bounti Q3 2024 GAAP EPS $(4.01) Misses $(2.13) Estimate, Sales $10.242M Miss $12.750M Estimate

Local Bounti Q3 Gross Profit USD 1.413 Million

THOMSON REUTERS

Local Bounti Q3 Sales USD 10.242 Million

THOMSON REUTERS

Local Bounti Announces Third Quarter 2024 Financial Results

THOMSON REUTERS

Local Bounti Corp: Qtrly Net Loss per Share $4.01

THOMSON REUTERS

Local Bounti Corp: Outlook Q4 REV $11 Mln

THOMSON REUTERS

Press Release: Local Bounti Announces Third Quarter 2024 Financial Results

Local Bounti Corp expected to post a loss of $2.13 a share - Earnings Preview

Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024

Local Bounti Corp expected to post a loss of $2.13 a share - Earnings Preview

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Appoints Mark McKinney as Chairman of the Board","url":"https://stock-news.laohu8.com/highlight/detail?id=2518618203","media":"ACCESS Newswire","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2518618203?lang=en_us&edition=fundamental","pubTime":"2025-03-11 01:00","pubTimestamp":1741626000,"startTime":"0","endTime":"0","summary":"BURLESON, TEXAS / ACCESS Newswire / March 10, 2025 / Sadot Group Inc.  , an emerging player in the global Agri-food supply chain, is pleased to announce that Mark McKinney has been appointed as Chairman of the Board, effective March 6, 2025, succeeding Kevin Mohan who will remain as a Director. Mr. McKinney joined Sadot's Board of Directors on June 9, 2023 and currently is a member of both the audit and compensation committees. Mr. McKinney brings over 30 years of executive experience across multiple industries. He has held prominent leadership roles, including CEO, COO and President, for global organizations spanning six countries and three continents.Sadot Group has recently announced several major changes to its executive leadership team including the addition of Catia Jorge as CEO and Claudio Torres to the Board of Directors. As the Company continues its transformation into an emerging player in the global Agri-food supply chain, appointing Mr. McKinney as Chairman continues to enh","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/sadot-group-inc-appoints-mark-170000139.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["SDOT","BK4209","LOCL","BK4189"],"gpt_icon":0},{"id":"2491693921","title":"Local Bounti Announces Multi-Year Award With Large Multinational Retailer","url":"https://stock-news.laohu8.com/highlight/detail?id=2491693921","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491693921?lang=en_us&edition=fundamental","pubTime":"2024-12-16 21:00","pubTimestamp":1734354033,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241216:nFWN3NH0XO:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4189","LOCL"],"gpt_icon":0},{"id":"2491764693","title":"Local Bounti Announces Multi-Year Award with Large Multinational Retailer","url":"https://stock-news.laohu8.com/highlight/detail?id=2491764693","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2491764693?lang=en_us&edition=fundamental","pubTime":"2024-12-16 21:00","pubTimestamp":1734354000,"startTime":"0","endTime":"0","summary":"New distribution underscores Local Bounti's customer-centric approach and commercial momentum. HAMILTON, Mont., Dec. 16, 2024 /PRNewswire/ --Local Bounti Corporation  , a breakthrough U.S. indoor agriculture company, today announced that it has received a two-year award from a large multinational retailer  to supply Local Bounti's living butter lettuce product to 13 of the Retailer's distribution centers from Local Bounti's California and new Texas facilities. This award underscores Local Bounti's commitment to providing high-quality, fresh produce to consumers nationwide.\"This new award with a large multinational retailer is a prime example of the demand for fresh, sustainable, locally grown produce and the unmet need for capacity that we are addressing with our expanded footprint across the southern U.S.,\" commented Craig Hurlbert, CEO of Local Bounti. \"By methodically aligning our capacity with specific customer demand, we are able to offer unique and high-quality products that diff","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/Ug09gGPd3E_gw8LaYucdIg--~B/aD0zMjQ7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fc90430c9d52df1f79ba6736edbb9150","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Ug09gGPd3E_gw8LaYucdIg--~B/aD0zMjQ7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/fc90430c9d52df1f79ba6736edbb9150"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/local-bounti-announces-multi-award-130000028.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/local-bounti-announces-multi-award-130000028.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4189","LOCL"],"gpt_icon":0},{"id":"2484114029","title":"Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=2484114029","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484114029?lang=en_us&edition=fundamental","pubTime":"2024-11-20 19:22","pubTimestamp":1732101771,"startTime":"0","endTime":"0","summary":"Local Bounti Corporation ( NYSE:LOCL ) shareholders that were waiting for something to happen have been dealt a blow...","market":"us","thumbnail":"https://images.simplywall.st/asset/industry/5121000-choice1-main-header/1585186829794","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/5121000-choice1-main-header/1585186829794"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/food-beverage-tobacco/nyse-locl/local-bounti/news/local-bounti-corporation-nyselocl-might-not-be-as-mispriced","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["BK4189","NYSE","LOCL","LOCLW"],"gpt_icon":0},{"id":"2484194606","title":"Bearish: Analysts Just Cut Their Local Bounti Corporation (NYSE:LOCL) Revenue and EPS estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2484194606","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484194606?lang=en_us&edition=fundamental","pubTime":"2024-11-20 18:57","pubTimestamp":1732100227,"startTime":"0","endTime":"0","summary":"Market forces rained on the parade of Local Bounti Corporation  shareholders today, when the analysts downgraded their forecasts for next year. Revenue and earnings per share  forecasts were both revised downwards, with the analysts seeing grey clouds on the horizon.Following the downgrade, the current consensus from Local Bounti's two analysts is for revenues of US$81m in 2025 which - if met - would reflect a substantial 132% increase on its sales over the past 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 64% to US$6.16. Yet prior to the latest estimates, the analysts had been forecasting revenues of US$95m and losses of US$5.16 per share in 2025. Ergo, there's been a clear change in sentiment, with the analysts administering a notable cut to next year's revenue estimates, while at the same time increasing their loss per share forecasts.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/luRS0yOpiqJvsmo3Xj3RNQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/72804bc5a1e17670ae5b36b264280468","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/luRS0yOpiqJvsmo3Xj3RNQ--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/72804bc5a1e17670ae5b36b264280468"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/bearish-analysts-just-cut-local-105707827.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LOCLW","NYSE","LOCL"],"gpt_icon":0},{"id":"2484288668","title":"Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2484288668","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2484288668?lang=en_us&edition=fundamental","pubTime":"2024-11-17 22:06","pubTimestamp":1731852373,"startTime":"0","endTime":"0","summary":"As you might know, Local Bounti Corporation ( NYSE:LOCL ) last week released its latest quarterly, and things did not...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/5121000-choice1-main-header/1585186829794","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/5121000-choice1-main-header/1585186829794"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/us/food-beverage-tobacco/nyse-locl/local-bounti/news/local-bounti-corporation-nyselocl-consensus-forecasts-have-b","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["NYSE","BK4189","LOCLW","LOCL"],"gpt_icon":0},{"id":"2483332161","title":"Local Bounti Corp reports results for the quarter ended September 30 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2483332161","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483332161?lang=en_us&edition=fundamental","pubTime":"2024-11-15 04:58","pubTimestamp":1731617930,"startTime":"0","endTime":"0","summary":"Local Bounti Corp reports results for the quarter ended September 30 - Earnings SummaryLocal Bounti Corp LOCL.N reported a quarterly adjusted loss of $3.98 per share for the quarter ended September 30","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241114:nL8N3ML2TA:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LOCL"],"gpt_icon":0},{"id":"2483388416","title":"Local Bounti Corporation (LOCL) Reports Q3 Loss, Misses Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2483388416","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483388416?lang=en_us&edition=fundamental","pubTime":"2024-11-14 21:25","pubTimestamp":1731590705,"startTime":"0","endTime":"0","summary":"Local Bounti Corporation  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 surpassed consensus EPS estimates just once.Local Bounti , which belongs to the Zacks Agriculture - Operations industry, posted revenues of $10.24 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 21.22%. This compares to year-ago revenues of $6.81 million. The company has not been able to beat consensus revenue estimates over the last four quarters.Investors should be mindful of the fact that the outlook for the industry can have a material impact on the ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/wbCMwMtKIoXj_iQA0ego4g--~B/aD01MDY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1154d43aaeb65735a640003549116295","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/wbCMwMtKIoXj_iQA0ego4g--~B/aD01MDY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/1154d43aaeb65735a640003549116295"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/local-bounti-corporation-locl-reports-132505111.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["HRL","LOCLW","LOCL"],"gpt_icon":0},{"id":"2483797648","title":"Local Bounti Q3 2024 GAAP EPS $(4.01) Misses $(2.13) Estimate, Sales $10.242M Miss $12.750M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2483797648","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483797648?lang=en_us&edition=fundamental","pubTime":"2024-11-14 20:18","pubTimestamp":1731586737,"startTime":"0","endTime":"0","summary":"Local Bounti (NYSE:LOCL) reported quarterly losses of $(4.01) per share which missed the analyst consensus estimate of $(2.13) by 88.26 percent.  The company reported quarterly sales of $10.242 million which missed the","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/24/11/41968412/local-bounti-q3-2024-gaap-eps-4-01-misses-2-13-estimate-sales-10-242m-miss-12-750m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":"Local Bounti Q3 2024 GAAP EPS $(4.01) Misses $(2.13) Estimate, Sales $10.242M Miss $12.750M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LOCL"],"gpt_icon":0},{"id":"2483879900","title":"Local Bounti Q3 Gross Profit USD 1.413 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2483879900","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483879900?lang=en_us&edition=fundamental","pubTime":"2024-11-14 20:15","pubTimestamp":1731586505,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241114:nPLX73E110:5","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LOCL","BK4189"],"gpt_icon":0},{"id":"2483879182","title":"Local Bounti Q3 Sales USD 10.242 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2483879182","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483879182?lang=en_us&edition=fundamental","pubTime":"2024-11-14 20:15","pubTimestamp":1731586505,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241114:nPLX73E110:4","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LOCL","BK4189"],"gpt_icon":0},{"id":"2483879156","title":"Local Bounti Announces Third Quarter 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2483879156","media":"THOMSON 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Increased scale driving strategic discussions with customers to align respective footprints for next chapter of growth. HAMILTON, Mont., Nov. 14, 2024 /PRNewswire/ -- Local Bounti Corporation  , a breakthrough U.S. indoor agriculture company, today announced its financial results for the quarter ended September 30, 2024 and provided expectations for fourth quarter 2024.Kathleen Valiasek, President and CFO of Local Bounti, added, \"We continue to optimize our operations and capital structure to support sustainable growth. With respect to our plans for the next chapter of growth at Local Bounti, we are taking a measured approach and working closely with our customers to ensure that each investment decision aligns with specific customer demand and distribution strategies that meet both our needs. 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