Local Bounti First Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]
Local Bounti Corporation (LOCL)
Company Research
Source: Yahoo! Finance
Net loss: US$24.1m (loss widened by 2.2% from 1Q 2023). US$2.89 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Local Bounti EPS Misses Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Looking ahead, revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Food industry in the US. Performance of the American Food industry. The company's shares are up 11% from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 6 warning signs for Local Bounti (2 are a bit concerning!) that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and ana
Show less
Read more
Impact Snapshot
Event Time:
LOCL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LOCL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LOCL alerts
High impacting Local Bounti Corporation news events
Weekly update
A roundup of the hottest topics
LOCL
News
- Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFO [Yahoo! Finance]Yahoo! Finance
- Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFOPR Newswire
- Local Bounti Announces NYSE Acceptance of Plan to Regain Listing Compliance [Yahoo! Finance]Yahoo! Finance
- Local Bounti Announces NYSE Acceptance of Plan to Regain Listing CompliancePR Newswire
- Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting Ceremony [Yahoo! Finance]Yahoo! Finance
LOCL
Earnings
- 5/9/24 - Miss
LOCL
Sec Filings
- 6/14/24 - Form S-8
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- LOCL's page on the SEC website