Published on 6 May 2024 on Zacks via Yahoo Finance
Arcadium Lithium plc ALTM is slated to release first-quarter 2024 results after the closing bell on May 7.The company beat the Zacks Consensus Estimate for earnings in two of the trailing four quarters while missed twice. In this timeframe, it delivered an earnings surprise of 13.7%, on average. It delivered a negative earnings surprise of around 5.6% in the last reported quarter. ALTM is likely to have gained from higher overall volumes in the first quarter amid pricing headwinds.The company’s shares are down 80.4% over a year compared with the industry’s 11.3% decline.
Zacks Investment Research