Li-Cycle (NYSE:LICY) Announces Quarterly Earnings Results, Misses Estimates By $0.46 EPS

Li-Cycle (NYSE:LICY) posted its earnings results on Wednesday. The company reported ($2.88) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.42) by ($0.46), MarketWatch Earnings reports.

LICY stock opened at $8.00 on Friday. Li-Cycle has a 12 month low of $7.69 and a 12 month high of $15.74.

A number of research firms have issued reports on LICY. Cowen began coverage on Li-Cycle in a research report on Monday, August 23rd. They issued an “outperform” rating and a $15.00 price target on the stock. BMO Capital Markets began coverage on Li-Cycle in a research report on Thursday. They issued an “outperform” rating and a $13.00 price target on the stock. Finally, Robert W. Baird began coverage on Li-Cycle in a research report on Monday, August 23rd. They issued a “neutral” rating and a $11.00 price target on the stock.

Li-Cycle Company Profile

Peridot Acquisition Corp. is a blank check company. It formed for the purpose of merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Peridot Acquisition Corp. is based in Houston, Texas.

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