Recap: Li-Cycle Holdings Q1 Earnings

Li-Cycle Holdings (NYSE:LICY) reported its Q1 earnings results on Monday, May 15, 2023 at 06:00 AM. Here’s what…

Li-Cycle Holdings (NYSE:LICY) reported its Q1 earnings results on Monday, May 15, 2023 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Li-Cycle Holdings missed estimated earnings by 37.5%, reporting an EPS of $-0.22 versus an estimate of $-0.16.

Revenue was down $238 thousand from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.02 which was followed by a 1.49% increase in the share price the next day.

Here’s a look at Li-Cycle Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022
EPS Estimate -0.17 -0.13 -0.10
EPS Actual -0.19 -0.21 -0.12
Revenue Estimate 9.30M 10.63M 6.13M
Revenue Actual 3.00M -1M 8.65M

To track all earnings releases for Li-Cycle Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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