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Piedmont Lithium (PLLTL)
:PLLTL
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
>-0.01Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: -25.00%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture with significant achievements in production, cost savings, and strategic merger plans, but these were tempered by financial losses and challenging market conditions. The sentiment is balanced between the positive operational progress and ongoing financial and market challenges.Company Guidance
In the Q4 and full year 2024 earnings call for Piedmont Lithium, several key metrics and guidance were provided. North American Lithium achieved a strong quarter with nearly 51,000 tons produced in Q4 2024 and over 190,000 tons for the full year. The company's commercial strategy resulted in strong price realizations, with a realized price per metric ton of $818, translating to $909 on an SC6 equivalent basis. Cash operating costs at NAL reached a new low of $709 per ton in Q4 2024. The company's fourth quarter GAAP net loss was $11.1 million, or $0.55 per share, with an adjusted net loss of $3.6 million, or $0.17 per share. Michael White noted that operating cash flows were negative $6 million for Q4 and negative $43 million for the year, with cash balances ending at $87.8 million. For 2025, Piedmont anticipates shipping 113,000 to 130,000 dry metric tons for the full year, with CapEx expected to be $6 million to $9 million, and joint venture investments ranging from $7 million to $13 million. The company also emphasized its focus on cost containment and cash management amid current market conditions, having achieved $14 million in annual cost savings in 2024.Record Production and Shipments
Piedmont achieved record production with nearly 51,000 tons produced in Q4 2024 and over 190,000 tons for the full year. Shipments reached approximately 55,700 dry metric tons for the quarter, setting a quarterly record.
Cost Savings and Merger Announcement
The company successfully reduced corporate expenses as part of a 2024 cost savings plan, achieving $14 million in annual run rate cost savings. Additionally, a merger with Sayona Mining was announced, which is expected to realize synergies of $15 million to $20 million annually.
Strong Price Realizations
Despite a challenging market, Piedmont achieved strong price realizations with an average realized price per metric ton of $909 on an SC6 equivalent basis.
Permitting Progress
Significant progress in permitting was made for the Carolina Lithium project, and the Ewoyaa Lithium Project received a Mine Operating Permit from the Minerals Commission of Ghana.
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PLLTL 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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PLLTL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $0.08 | $0.08 | 0.00% |
| Nov 12, 2024 | $0.12 | $0.13 | +8.33% |
| Aug 08, 2024 | $0.10 | $0.09 | -10.00% |
| May 09, 2024 | $0.14 | $0.15 | +7.14% |
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 Piedmont Lithium (PLLTL) report earnings?
Piedmont Lithium (PLLTL) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Piedmont Lithium (PLLTL) earnings time?
Piedmont Lithium (PLLTL) earnings time is at May 02, 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 PLLTL EPS forecast?
PLLTL EPS forecast for the fiscal quarter 2025 (Q1) is >-0.01.
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