Livent Corporation (NYSE:LTHM) is set to announce third quarter earning results on Thursday 5th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LTHM to report 3Q20 income of $ 0.01 per share.
For the full year, analysts anticipate top line of $ 287.87 million, while looking forward to income of $ 0.05 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 375.00 million ~ $ 425.00 million, where as bottomline are predicted in a range of $ 0.18 ~ $ 0.31 per share
Click Here For More Historical Outlooks Of Livent Corporation
Stock Performance
Shares of Livent Corporation traded low $ -0.42 or -3.63 percent on Wednesday, reaching $ 11.16 with volume of 3.23 million shares. Livent Corporation has traded high as $ 11.47 and has cracked $ 10.52 on the downward trend
The closing price of $ 11.16, representing a 193.16 % increase from the 52 week low of $ 3.95 and a 7.58 % decrease over the 52 week high of $ 12.53.
The company has a market capital of $ 1.63 billion and is part of the Basic Materials sector and Industrial Metals & Minerals industry.
Recent Analyst recommendations
- On 8th October 2020, maintained by Raymond James at Strong Buy rating, with $ 14.00 target price.
- On 22nd September 2020, initiated by Evercore ISI at In-Line rating, with $ 10.00 target price.
Conference Call
Livent Corporation will be hosting a conference call at 5:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.livent.com
Livent Corporation manufactures and sells performance lithium compounds for energy storage, specialty polymer, and chemical synthesis applications in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and butyllithium, which is used as a synthesizer in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in the production of lightweight materials for aerospace applications and non-rechargeable batteries. It also provides lithium phosphate, pharmaceutical-grade lithium carbonate, high purity lithium chloride, and specialty organics, as well as lithium carbonate and lithium chloride for use as feedstock in the process of producing performance lithium compounds.
