PureCycle Technologies PCT is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect PureCycle Technologies to report an earnings per share (EPS) of $-0.20.
Investors in PureCycle Technologies are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.13, leading to a 10.62% drop in the share price on the subsequent day.
Here's a look at PureCycle Technologies's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.15 | -0.23 | -0.16 |
| EPS Actual | -0.29 | -0.52 | -0.15 | 0 |
| Price Change % | -11.0% | -5.0% | 2.0% | -17.0% |
Tracking PureCycle Technologies's Stock Performance
Shares of PureCycle Technologies were trading at $12.59 as of November 05. Over the last 52-week period, shares are up 314.79%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for PureCycle Technologies visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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