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Purecycle Technologies Inc (PCT)
:PCT
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.21Last Year’s EPS
-0.29Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 11.13%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlights significant achievements such as the first reported revenues and operational improvements, alongside progress in customer trials and product line introductions. However, challenges remain with inventory management and cash burn rates. The overall sentiment reflects a company making positive strides with some financial management challenges to address.Company Guidance
During the first quarter of 2025, PureCycle Technologies reported its first-ever revenues, marking a significant milestone for the company. The company highlighted its operational improvements, specifically achieving an onstream time of about 90% in April, which is a notable increase from the previous year's 25-30% range. PureCycle is engaged in over 30 trials with 24 progressing to the industrial stage, representing over 300 million pounds of potential product sales. The company also introduced two product lines, PureFive Ultra and PureFive Choice, to cater to diverse customer needs and is seeing strong demand across multiple end markets. The success in trials, particularly with Bruckner for BOPP film, is seen as a potential game-changer for the industry. Financially, PureCycle ended the quarter with $37.5 million in cash, including $22.5 million of unrestricted cash, and raised nearly $55 million through various transactions. The company aims to achieve breakeven at Ironton by Q3 2025 and is actively planning for future capacity expansions with improved technology and cost efficiencies.First Reported Revenues
The first quarter of 2025 marked the first reported revenues in the company's history, indicating a significant milestone for PureCycle Technologies.
Operational Improvements
Onstream time improved significantly, achieving almost 90% uptime in April compared to 25%-30% the previous year, demonstrating substantial operational progress.
Customer Trials and Sales Pipeline
Engaged in over 30 trials, with 24 in industrial phase, representing over 300 million pounds of potential product sales, showing a notable increase from Q4.
Progress in Film Market
Successful tests with Bruckner suggest potential for PureCycle’s film blend to act as a drop-in replacement for virgin materials in BOPP film applications.
Introduction of PureFive Product Lines
Launch of PureFive Ultra and PureFive Choice product lines, expanding customer options and applications in film, fiber, and automotive sectors.
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PCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $6.56 | $7.55 | +15.09% |
Feb 27, 2025 | $9.47 | $9.22 | -2.64% |
Nov 07, 2024 | $13.36 | $12.46 | -6.74% |
Aug 08, 2024 | $6.27 | $6.31 | +0.64% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Purecycle Technologies Inc (PCT) report earnings?
Purecycle Technologies Inc (PCT) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Purecycle Technologies Inc (PCT) earnings time?
Purecycle Technologies Inc (PCT) earnings time is at Aug 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PCT EPS forecast?
PCT EPS forecast for the fiscal quarter 2025 (Q2) is -0.21.
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