MP Materials: Q4 Earnings Insights

MP Materials MP reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

MP Materials beat estimated earnings by 50.0%, reporting an EPS of $-0.02 versus an estimate of $-0.04.

Revenue was down $52.04 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 1.79% drop in the share price the next day.

Here's a look at MP Materials's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0	0.06	0.18	0.17
EPS Actual	0.04	0.09	0.27	0.42
Revenue Estimate	51.14M	60.99M	88.50M	82.63M
Revenue Actual	52.52M	64.02M	95.70M	93.25M

To track all earnings releases for MP Materials visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar