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

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$1.71 -0.09 (-5.00%)
(As of 11/20/2024 ET)

Local Bounti Latest Earnings Summary

Latest Q2 2024
Earnings Date
Aug. 13Confirmed
Actual EPS
(Aug. 13)
-$3.00 Beat By $0.19
Consensus EPS
(Aug. 13)
-$3.19

Local Bounti announced Q2 2024 earnings on August 13, 2024, reporting an EPS of -$3.00, which topped analysts' consensus estimates of -$3.19 by $0.19. Quarterly revenue was reported to be $9.44 million, below analyst estimates of $11.30 million. With a trailing EPS of -$18.00, Local Bounti's earnings are expected to grow next year, from ($13.81) to ($6.25) per share.

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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:($13.81) EPS
Next Year EPS Consensus Estimate: ($6.25) EPS

Local Bounti Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
8/13/2024Q2 2024-$3.19-$3.00+$0.19-$3.00$11.30M$9.44M      
5/9/2024Q1 2024-$2.76-$2.89 -$0.13-$2.89$8.40M$8.38M      
3/27/2024Q4 2023-$3.18-$8.10 -$4.92-$8.10$7.40M$6.87M
10/30/2023Q3 2023-$3.25-$3.02+$0.23-$3.02$8.25M$6.81M  
8/9/2023Q2 2023-$3.07-$1.35+$1.72-$1.35$6.96M$7.18M
5/10/2023Q1 2023-$0.25-$0.23+$0.02-$0.23$6.66M$6.70M
3/29/2023Q4 2022-$3.51-$3.90 -$0.39-$0.30$7.58M$6.64M

Local Bounti Earnings - Frequently Asked Questions

Local Bounti (NYSE:LOCL) last announced its quarterly earning data on Tuesday, August 13, 2024. Learn more on LOCL's earnings history.

Local Bounti issued an update on its fourth quarter 2024 earnings guidance on Thursday, November, 14th. The company issued revenue guidance of $11.0 million-$11.0 million, compared to the consensus revenue estimate of $21.6 million.

In the previous quarter, Local Bounti (NYSE:LOCL) reported ($3.00) earnings per share (EPS) to beat the analysts' consensus estimate of ($3.19) by $0.19. Learn more on analysts' earnings estimate vs. LOCL's actual earnings.

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

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

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

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

Local Bounti (NYSE:LOCL) has a recorded net income of -$124.01 million. LOCL has generated -$18.00 earnings per share over the last four quarters.

Local Bounti's earnings are expected to grow from ($13.81) per share to ($6.25) per share in the next year.

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This page (NYSE:LOCL) was last updated on 11/21/2024 by MarketBeat.com Staff
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