Nouveau Monde Graphite Inc reports results for the quarter ended in September - Earnings Summary
Nouveau Monde Graphite Inc NOU.V reported a quarterly adjusted loss of 26 cents per share for the quarter ended in September, lower than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of two analysts for the quarter was for a loss of 19 cents per share. Wall Street expected results
Reported revenue was zero; analysts expected C$1.03 million.
Nouveau Monde Graphite Inc's reported EPS for the quarter was a loss of 26 cents.
The company reported a quarterly loss of C$15.53 million.
Nouveau Monde Graphite Inc shares had risen by 6.4% this quarter and lost 26.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 26.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
Wall Street's median 12-month price target for Nouveau Monde Graphite Inc is $6.66
This summary was machine generated from LSEG data November 9 at 09:33 p.m. UTC. All figures in Canadian dollars unless otherwise stated.
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2023 | -0.19 | -0.26 | Missed |
Jun. 30 2023 | -0.15 | -0.02 | Beat |
Dec. 31 2022 | -0.20 | -0.09 | Beat |
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