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Local Bounti (LOCL) Earnings Date, Estimates & Call Transcripts

$2.99
-0.11 (-3.55%)
(As of 05/24/2024 07:00 PM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 14Estimated
Actual EPS
(May. 9)
-$2.89 Missed By -$0.13
Consensus EPS
(May. 9)
-$2.76
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LOCL Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LOCL Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Local Bounti Analyst EPS Estimates

Current Year EPS Consensus Estimate:($12.08) EPS
Next Year EPS Consensus Estimate: ($5.56) EPS

LOCL Earnings Date and Information

Local Bounti last posted its earnings data on May 9th, 2024. The reported ($2.89) earnings per share for the quarter, missing the consensus estimate of ($2.76) by $0.13. The firm had revenue of $8.38 million for the quarter, compared to analysts' expectations of $8.40 million. Local Bounti has generated ($15.36) earnings per share over the last year (($15.36) diluted earnings per share). Earnings for Local Bounti are expected to grow in the coming year, from ($12.08) to ($5.56) per share. Local Bounti has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 14th, 2024 based off prior year's report dates.

Local Bounti Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/14/2024
(Estimated)
------- 
5/9/2024Q1 2024($2.76)($2.89)($0.13)($2.89)$8.40 million$8.38 million      
3/27/2024Q4 2023($3.18)($8.10)($4.92)($8.10)$7.40 million$6.87 million
10/30/2023Q3 2023($3.25)($3.02)+$0.23($3.02)$8.25 million$6.81 million  
8/9/2023Q2 2023($3.07)($1.35)+$1.72($1.35)$6.96 million$7.18 million
5/10/2023Q1 2023($0.25)($0.23)+$0.02($0.23)$6.66 million$6.70 million
3/29/2023Q4 2022($3.51)($3.90)($0.39)($0.30)$7.58 million$6.64 million
11/10/2022Q3 2022($3.64)($3.90)($0.26)($0.30)$6.84 million$6.29 million
8/15/2022Q2 2022($2.73)($4.68)($1.95)($0.36)$5.96 million$6.27 million    
5/9/2022Q1 2022($1.56)($4.16)($2.60)($0.32)$0.39 million$0.28 million
11/12/2021Q3 2021-$1.30+$1.30$0.10--

Local Bounti Earnings - Frequently Asked Questions

When is Local Bounti's earnings date?

Local Bounti has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, August 14th, 2024 based off last year's report dates. Learn more on LOCL's earnings history.

Did Local Bounti beat their earnings estimates last quarter?

In the previous quarter, Local Bounti (NYSE:LOCL) missed the analysts' consensus estimate of ($2.76) by $0.13 with a reported earnings per share (EPS) of ($2.89). Learn more on analysts' earnings estimate vs. LOCL's actual earnings.

How can I listen to Local Bounti's earnings conference call?

The conference call for Local Bounti's latest earnings report can be listened to online. Listen to Conference Call

How can I read Local Bounti's conference call transcript?

The conference call transcript for Local Bounti's latest earnings report can be read online. Read Transcript

How can I view Local Bounti's earnings report?

Local Bounti's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Local Bounti generate each year?

Local Bounti (NYSE:LOCL) has a recorded annual revenue of $27.56 million.

How much profit does Local Bounti generate each year?

Local Bounti (NYSE:LOCL) has a recorded net income of -$124.01 million. LOCL has generated -$15.36 earnings per share over the last four quarters.

What is Local Bounti's EPS forecast for next year?

Local Bounti's earnings are expected to grow from ($12.08) per share to ($5.56) per share in the next year.


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This page (NYSE:LOCL) was last updated on 5/27/2024 by MarketBeat.com Staff

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