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Largo (NASDAQ:LGO) will release its quarterly earnings report on Tuesday, 2024-11-12. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Largo to report an earnings per share (EPS) of $-0.09.
The announcement from Largo is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
During the last quarter, the company reported an EPS missed by $0.13, leading to a 8.72% drop in the share price on the subsequent day.
Here's a look at Largo's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.05 | -0.05 | -0.05 |
| EPS Actual | -0.23 | -0.20 | -0.21 | -0.19 |
| Price Change % | -9.0% | 3.0% | -5.0% | -7.000000000000001% |
Shares of Largo were trading at $2.39 as of November 08. Over the last 52-week period, shares are up 14.15%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Largo visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: LGO
