Earnings Preview For Li-Cycle Holdings

Li-Cycle Holdings LICY will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Li-Cycle Holdings to report an earnings per share (EPS) of $-1.32.

The market awaits Li-Cycle Holdings's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $1.62, leading to a 1.71% drop in the share price the following trading session.

Here's a look at Li-Cycle Holdings's past performance and the resulting price change:

Market Performance of Li-Cycle Holdings's Stock

Shares of Li-Cycle Holdings were trading at $3.8 as of November 05. Over the last 52-week period, shares are down 77.64%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Li-Cycle Holdings visit their earnings calendar on our site.

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