LAC Earnings Prediction
The chart below shows how LAC performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LAC sees a +0.86% change in stock price 10 days leading up to the earnings, and a +2.32% change 10 days following the report. On the earnings day itself, the stock moves by +1.89%. This data can give you a slight idea of what to expect for the next quarter's release.
LAC Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
--
--
--
Gross Margin
--
--
--
Operating Margin
--
--
--
Net Margin
--
--
--
EPS
-0.04
-300.00%
100.00%
No Data Available
LAC Earnings Analysis
Lithium Americas Corp. Corporation (LAC.N) Earnings Conference Call
Positive
- Successful ramp-up of Caucharí-Olaroz project with a 20% increase in production compared to the previous quarter
- Focus on maintaining sufficient capitalization to support future growth plans
- Advancing regional development plan for Pastos Grandes Basins with Ganfeng
- Primacy objective of ramping up production towards a 2024 target of 20,000 to 25,000 tons of lithium carbonate
- Initiation of a corporate cost reduction program while maintaining commitment to local communities
- Pursuing additional long-term debt options with Ganfeng to support future growth plans
- Finalization of Pastos Grandes transaction expected to provide $70 million for operations in Argentina
- Progression of regional development plan for Pastos Grandes Basin on track to be completed by the end of the year
- Gratitude extended to dedicated teams in Argentina and joint venture partner Ganfeng for their continued efforts and expertise
Negative
- ** High variability in production due to ramp-up phase may impact revenue projections and profitability
- ** Corporate cost reduction program may lead to potential layoffs or reduced operational efficiency
- ** Pursuing long-term debt options may increase financial leverage risk for the company
- ** Dependence on joint venture partner Ganfeng for additional funding may limit the company's financial independence
- ** Delay in finalizing the Pastos Grandes transaction could impact cash flow projections for the company
