Lithium Argentina AG (TSE:LAR)
TSX:LAR
Earnings Data
Report Date
May 18, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.18Last Year’s EPS
-0.06Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational execution: production at the high end of guidance, substantial cost reductions (30% decline since Q1 2024 and a 17% reduction to prior long-term cost estimate), positive adjusted EBITDA ($56M), resource expansion (+~42% M&I at Cauchari), and secured financing ($130M facility), all supporting an aggressive growth pathway to >200,000 tpa. The main negatives were market-driven: low and volatile lithium prices, pricing visibility risks, reliance on partner-led financing for large expansions, and some geopolitical/input-cost exposure. Overall, the positives around operations, cost structure, cash generation, resources, and balance sheet flexibility materially outweigh the market and execution risks discussed.Company Guidance
Full-Year Production and Q4 Operating Rate
2025 production exceeded 34,000 tonnes (at the high end of guidance) with fourth-quarter production of ~9,700 tonnes and operations running at ~97% of capacity in Q4.
Material Cost Reductions
Fourth-quarter operating cash costs were ~ $5,600/ton. Cash costs declined ~30% since Q1 2024 (from > $8,000/ton to ~$5,600/ton). Updated long-term full-capacity cost forecast of ~$5,400/ton versus prior $6,500/ton — a ~17% reduction to prior estimate.
Positive EBITDA and Cash Generation
Cauchari-Olaroz generated $56,000,000 in adjusted EBITDA in 2025. The operation distributed $85,000,000 of cash (Lithium Argentina AG’s share $42,000,000), increasing corporate cash position to ~ $95,000,000 in Q1.
Balance Sheet Strengthening and Financing
Completed a $130,000,000 six-year loan facility with partner Ganfeng, increasing balance sheet flexibility and financing optionality for growth projects.
Strong 2026 Production & EBITDA Outlook
2026 production guidance: 35,000–40,000 tonnes. Using a ~$20,000/ton market price and the midpoint of guidance, management estimates ~ $460,000,000 EBITDA for Cauchari-Olaroz in 2026. Projected sustaining capital of only ~$15–20M/year.
Resource Base Expansion and Scale Potential
Updated resource/reserve estimate: measured & indicated resources for Cauchari-Olaroz increased by ~42%, positioning it among the largest lithium brine assets globally. PPG holds >15,000,000 tonnes M&I LCE. Platform potential to scale from ~40,000 tpa today to >200,000 tpa across phased developments (stage two 45,000 tpa; PPG target up to 150,000 tpa).
Operational Improvements and Structural Efficiencies
Operational enhancements (brine management, wellfield optimization, plant process stability, reduced reagent usage) improved reliability and reduced variable costs, driving the Q4 cost performance and supporting a revised lower long-term cost curve.
Regulatory Progress and Market Positioning
RIGI applications submitted for both PPG and Cauchari stage two; Argentine investment framework (RIGI) improving project economics and attracting capital (management cited > $70,000,000,000 in RIGI investment applications submitted/approved).
TSE:LAR 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
TSE:LAR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 23, 2026 | C$7.92 | C$8.59 | +8.46% |
Nov 10, 2025 | C$5.46 | C$5.94 | +8.79% |
Aug 11, 2025 | C$3.86 | C$5.05 | +30.83% |
May 14, 2025 | C$2.84 | C$2.68 | -5.63% |
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.
FAQ
When does Lithium Argentina AG (TSE:LAR) report earnings?
Lithium Argentina AG (TSE:LAR) is schdueled to report earning on May 18, 2026, TBA (Confirmed).
What is Lithium Argentina AG (TSE:LAR) earnings time?
Lithium Argentina AG (TSE:LAR) earnings time is at May 18, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
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What is TSE:LAR EPS forecast?
TSE:LAR EPS forecast for the fiscal quarter 2026 (Q1) is 0.18.