Lithium Americas: Q2 Earnings Snapshot
By AP News
Published - Aug 13, 2024, 07:24 PM ET
Last Updated - Aug 13, 2024, 07:24 PM EDT
VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lithium Americas (LAC) on Tuesday reported second-quarter net income of $2.2 million.
The Vancouver, British Columbia-based company said it had profit of 1 cent per share. Losses, adjusted for pretax gains, came to 5 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
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