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 +2.17% change in stock price 10 days leading up to the earnings, and a -0.81% change 10 days following the report. On the earnings day itself, the stock moves by +0.33%. 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
LAC FAQs
How does LAC typically perform around its earnings report dates?
LAC's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a +2.17% change leading up to the report and a -0.81% change in the 10 days following the release.
