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Stock impact report

Lynas Rare Earths Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]

LYNAS RARE EARTHS S/ADR (LYSDY) 
Company Research Source: Yahoo! Finance
It looks like a credible result overall - although revenues of AU$235m were what the analysts expected, Lynas Rare Earths surprised by delivering a (statutory) profit of AU$0.042 per share, an impressive 2,010% above what was forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Check out our latest analysis for Lynas Rare Earths Taking into account the latest results, the current consensus, from the twelve analysts covering Lynas Rare Earths, is for revenues of AU$580.1m in 2024. This implies a noticeable 4.0% reduction in Lynas Rare Earths' revenue over the past 12 months. Statutory earnings per share are predicted to rise 8.9% to AU$0.23. Before this earnings report, the analysts had been forecasti Show less Read more
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