Lithium Americas Corp. reports results for the quarter ended September 30 - Earnings Summary

• Lithium Americas Corp. reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of four analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -4 cents to -2 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Lithium Americas Corp.'s reported EPS for the quarter was 19 cents​.

• The company reported quarterly net income of $74.67 million.

• Lithium Americas Corp. shares had fallen by 37.3% this quarter and lost 62.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 25% 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 "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is "buy."

• Wall Street's median 12-month price target for Lithium Americas Corp. is $4.50, about 63.3% above its last closing price of $1.65

This summary was machine generated from LSEG data November 12 at 02:17 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)