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Piedmont Lithium ADR Earnings Beat, Revenue Inline In Q2

Published 09/09/2022, 12:14 AM
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Investing.com - Piedmont Lithium ADR reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.

Piedmont Lithium ADR announced earnings per share of $-0.53 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.5671 on revenue of $0.00.

Piedmont Lithium ADR shares are down 25.4% from the beginning of the year, still down 22.03% from its 52 week high of $79.99 set on March 30. They are under-performing the Nasdaq which is down 24.18% from the start of the year.

Piedmont Lithium ADR follows other major Materials sector earnings this month

Piedmont Lithium ADR's report follows an earnings missed by Soquimich B ADR on August 18, who reported EPS of $3.01 on revenue of $2.6B, compared to forecasts EPS of $3.12 on revenue of $2.29B.

Anhui Conch Cement Co had missed expectations on August 25 with second quarter EPS of $0.6776 on revenue of $4.49B, compared to forecast for EPS of $0.894 on revenue of $4.49B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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