|Bid||9.11 x 1200|
|Ask||9.12 x 800|
|Day's Range||8.99 - 9.39|
|52 Week Range||5.49 - 14.16|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||17.52|
|Earnings Date||Feb 02, 2020 - Feb 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.44|
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Livent Corporation.
The Law Offices of Frank R. Cruz announces an investigation on behalf of Livent Corporation ("Livent" or the "Company") (NYSE: LTHM) investors concerning the Company and its officers’ possible violations of federal securities laws.
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Livent Corporation Investors
NEW YORK, NY / ACCESSWIRE / January, 9, 2020 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Livent Corporation ("Livent" or the Company") ...
Pomerantz LLP is investigating claims on behalf of investors of Livent Corporation (“Livent” or the “Company”) (NYSE: LTHM). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. The investigation concerns whether Livent and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Livent Corp. shares dropped in the extended session Tuesday after the lithium-products producer cut its outlook. Livent shares fell 16% after hours, following a 3% rise to close at $8.67 in the regular session. The company forecast adjusted fiscal fourth-quarter earnings of 4 cents to 6 cents a share on revenue of $75 million to $80 million, and 40 cents to 42 cents a share on revenue of $385 million to $390 million for the year. Analysts surveyed by FactSet had forecast fourth-quarter earnings of 9 cents a share on revenue of $91.2 million based on Livent's previous outlook of 8 cents to 11 cents a share on revenue of $90 million to $100 million, according to FactSet. Analysts also expected full-year results of 46 cents a share on revenue of $405.8 million. "Compared to earlier guidance, fourth quarter performance was negatively impacted by lower than forecasted realized pricing and by reduced lithium hydroxide volumes due to delayed customer orders," the company said in a statement. "Lower pricing is expected to continue through 2020, with average realized price for lithium hydroxide in 2020 anticipated to be low-to-mid-teens percent lower than 2019." The company launched its initial public offering in October 2018 and shares have struggled to trade at or above their IPO price of $17 ever since.
Livent Corporation (NYSE: LTHM) has revised its fourth quarter and full-year 2019 financial guidance. The company now expects full-year 2019 revenue in the range of $385 million to $390 million, with Adjusted EBITDA of $98 million to $101 million and adjusted earnings per share of 40 cents to 42 cents. For the fourth quarter 2019, revenue in the range of $75 million to $80 million is expected, with Adjusted EBITDA of $14 million to $17 million and adjusted earnings per share of 4 cents to 6 cents.
While not a mind-blowing move, it is good to see that the Livent Corporation (NYSE:LTHM) share price has gained 23% in...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Livent Corporation (NYSE: LTHM) today announced that its 2020 Annual Meeting of Stockholders will be held on Wednesday, April 29, 2020, at 2:00 p.m. E.T. at FMC Tower at Cira Centre South, 2929 Walnut Street, Philadelphia, Pennsylvania 19104.
The company, which operates in northern Argentina, late Tuesday cut its full-year revenue and earnings forecast for the second time this year because it will delay selling about a quarter of its annual lithium hydroxide production until 2020. While Livent and some peers sell much of their lithium on long-term contracts, they have been stung by weakening market sentiment as global supply exceeds demand by 5 percent. "It's a difficult environment to do business," Graves said in an interview.
The lithium industry is working through "difficult" times due to low prices for the battery metal and global oversupply concerns, though an upswing in demand should help beginning next year, Livent Corp Chief Executive Paul Graves said on Wednesday. The company, which operates in northern Argentina, late Tuesday cut its full-year revenue and earnings forecast for the second time this year because it will delay selling about a quarter of its annual lithium hydroxide production until 2020. While Livent and some peers sell much of their lithium on long-term contracts, they have been stung by weakening market sentiment as global supply exceeds demand by 5 percent.
Livent (LTHM) delivered earnings and revenue surprises of -14.29% and -13.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Livent Corp. fell nearly 8% in the extended session Tuesday after the lithium producer missed third-quarter GAAP earnings and sales expectations and called for lower full-year profit and revenue. Livent said it earned $18 million, or 12 cents a share, in the quarter, compared with $30 million, or 24 cents a share, in the year-ago quarter. Revenue fell to $97.7 million from $112 million a year ago. Analysts polled by FactSet had expected Livent to earn 14 cents a share on sales of $112.6 million. For the full-year 2019, Livent expects revenue to be in the range of $400 million to $410 million and adjusted per-share earnings in a range between 44 cents and 47 cents. The analysts surveyed by FactSet expect EPS of 58 cents on sales of $453 million for the year. In the same press release, Livent said it has signed a memorandum of understanding for a multi-year supply agreement with LG Electronics Inc. for lithium hydroxide starting in 2020.
-- Meets Third Quarter Adjusted EPS and Adjusted EBITDA Guidance -- -- Announces MoU for Multi-year Supply of Lithium Hydroxide to LG -- -- Reinforces Commitment to Existing Expansion Plans -- -- Provides ...
Livent Corp. is spending up to $18 million to boost lithium production by 50% at its Bessemer City plant.
Livent (LTHM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
-- Investment is expected to create up to 30 new high-quality, full-time jobs at the company and an additional 85 construction jobs. -- Expansion is expected to enable Livent to produce an additional 5,000 metric tons of lithium hydroxide per year.
Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]
PHILADELPHIA , Oct. 14, 2019 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today announced it will release its third quarter 2019 earnings on Tuesday, November 5, 2019 , after stock market close via ...