PLL Earnings Prediction
The chart below shows how PLL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, PLL sees a +1.46% change in stock price 10 days leading up to the earnings, and a -0.45% change 10 days following the report. On the earnings day itself, the stock moves by +0.29%. This data can give you a slight idea of what to expect for the next quarter's release.
PLL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
45.59M
723.61%
64.79%
Gross Margin
14.97%
4.98%
56.10%
Operating Margin
-11.63%
-88.30%
-53.03%
Net Margin
-24.42%
-55.35%
-59.52%
EPS
-0.55
-51.75%
-36.05%
No Data Available
PLL Earnings Analysis
Piedmont Lithium Inc Corporation (PLL.O) Earnings Conference Call
Positive
Earnings Surprise Report: Piedmont Lithium Inc. beat earnings expectations with a reported EPS of $-0.17, significantly better than the expected $-0.43.
Strong Production Metrics: Operations at North American Lithium (NAL) performed well, achieving nearly 51,000 tons produced in Q4 2024 and over 190,000 tons for the full year 2024, indicating strong production metrics.
Record Deliveries and Profitability: The company made record deliveries in Q4, supported by a successful commercial strategy that included long-term offtakes and larger combined shipments, leading to strong price realizations and improved profitability.
Cash Operating Costs Decline: Cash operating costs at NAL reached a new low of $709 per ton in Q4 2024, a nearly 20% decline from the start of the year, showcasing improved operational efficiency.
Cost Savings Achievement: Piedmont successfully reduced corporate expenses as part of its 2024 cost savings plan, achieving a total of $14 million in annual cost savings.
Cash Management Improvement: The company ended the year with $87.8 million in cash, an increase from $64.4 million at the end of September 2024, indicating strong cash management.
Record Shipment Achievement: Piedmont achieved a quarterly record shipment of approximately 55,700 dry metric tons, contributing to a total of approximately 117,000 dry metric tons shipped in 2024, also a record.
Lithium Production Expansion: The merger with Sayona Mining is expected to create the largest current lithium producer in North America, enhancing operational synergies and growth potential.
Lithium Market Demand Growth: The lithium market continues to show strong demand growth, with record EV sales globally and increasing demand for lithium in energy storage systems, indicating a positive outlook for the company's products.
Negative
Ongoing Financial Challenges: Q4 2024 GAAP net loss was $11.1 million, indicating ongoing financial challenges despite beating earnings expectations.
Cash Flow Challenges: Operating cash flows for Q4 were negative $6 million and negative $43 million for the full year, highlighting cash flow issues.
Merger Transaction Costs: The company incurred $5.5 million in transaction costs related to the proposed merger with Sayona Mining, which adds financial strain.
Restructuring Charges Overview: Restructuring charges of $3.2 million were associated with the 2024 cost savings plan, indicating operational difficulties.
Restructuring and Impairment Charges: The company recorded $10 million in restructuring and impairment charges in 2024, reflecting challenges in managing costs and operations.
Q1 2025 Shipment Outlook: The anticipated shipments for Q1 2025 are lower than previous quarters, indicating potential demand issues or operational constraints.
CapEx Reduction Impact: The company expects to reduce CapEx significantly in 2025, which may hinder growth and development opportunities.
Lithium Futures Price Risks: The narrowing contango in the lithium futures market may limit future price realizations, posing a risk to profitability.
PLL FAQs
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PLL Earning Call Sentiment
Piedmont Lithium Inc. (NASDAQ:PLL) Q4 2024 Earnings Call Transcript
PLL.O
-6.76%Positive
The earnings call presents mixed signals: strong revenue growth and cost savings are offset by a significant net loss and reduced shipment guidance. The merger with Sayona Mining could bring synergies, but the lack of clear guidance and regulatory risks weigh on sentiment. The Q&A highlights uncertainties in supply demand and tariffs, adding to the cautious outlook. Despite some positive developments, the absence of a share buyback or dividend program, coupled with financial and regulatory challenges, suggests a neutral stock price movement over the next two weeks.
