Investing.com - Piedmont Lithium (NASDAQ:PLL) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Piedmont Lithium announced earnings per share of $-0.0077 on revenue of $0.00. Analysts polled by Investing.com anticipated EPS of $-0.0081 on revenue of $0.00.
Piedmont Lithium shares are down 25.4% from the beginning of the year and are trading at $0.940 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Piedmont Lithium follows other major Materials sector earnings this month
Piedmont Lithium's report follows an earnings matched by Fortescue Metals on Sunday, August 28, 2022, who reported EPS of $1.02 on revenue of $17.39B, compared to forecasts EPS of $1.02 on revenue of $7,809M.
Amcor had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $0.3514 on revenue of $5.63B, compared to forecast for EPS of $0.3423 on revenue of $5.45B.
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