Livent Releases First Quarter 2023 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Livent Corporation (LTHM) jumps after lifting 2023 revenue forecast
May 3, 2023 8:08 AM EDTLivent Corporation (NYSE: LTHM) shares have jumped more than 9% premarket Wednesday after the company smashed Q1 earnings expectations and raised full-year 2023 revenue and adjusted EBITDA guidance.
The Lithium producer reported Q1 EPS of $0.60, $0.21 better than the analyst estimate of $0.39., while revenue for the quarter also came in above expectations at $253.5 million versus the consensus estimate of $230.24 million.
The company's revenue was boosted by higher realized lithium pricing, higher average realized prices across all products and strong demand.
"We continue to expect strong financial performance in 2023 supported by pricing visibility from existing... More
Livent Corporation (LTHM) Tops Q1 EPS by 21c; Raises Outlook
May 2, 2023 4:10 PM EDTLivent Corporation (NYSE: LTHM) reported Q1 EPS of $0.60, $0.21 better than the analyst estimate of $0.39. Revenue for the quarter came in at $253.5 million versus the consensus estimate of $230.24 million.
GUIDANCE:
Livent Corporation sees FY2023 revenue of $1.025-1.125 billion, versus the consensus... More
