NioCorp Developments Ltd. reports results for the quarter ended March 31 - Earnings Summary

• NioCorp Developments Ltd. reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of two analysts for the quarter was for a loss of one cent per share. to range from -5 cents to -1 cents per share.

• Reported revenue was zero​; analysts expected zero.

• NioCorp Developments Ltd.'s reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $669 thousand.

• NioCorp Developments Ltd. shares had fallen by 26.6% this quarter and lost 33.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for NioCorp Developments Ltd. is $12.00, about 70.5% above its last closing price of $3.54

This summary was machine generated from LSEG data September 25 at 10:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)