TMC Metals TMC will release its quarterly earnings report on Thursday, 2024-11-14. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate TMC Metals to report an earnings per share (EPS) of $-0.06.
Anticipation surrounds TMC Metals's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Performance in Previous Earnings
During the last quarter, the company reported an EPS missed by $0.01, leading to a 12.1% increase in the share price on the subsequent day.
Here's a look at TMC Metals's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | -0.05 | -0.16 | -0.10 |
| EPS Actual | -0.06 | -0.08 | -0.11 | 0.04 |
| Price Change % | 12.0% | -4.0% | -13.0% | -1.0% |
TMC Metals Share Price Analysis
Shares of TMC Metals were trading at $0.98 as of November 12. Over the last 52-week period, shares are down 11.73%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for TMC Metals 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
