News
LOCL
2.910
-0.34%
-0.010
Buy Rating Affirmed: Local Bounti’s Growth Trajectory and Financial Outlook
TipRanks · 1d ago
LOCL Stock Earnings: Local Bounti Misses EPS, Misses Revenue for Q4 2023
Local Bounti reported earnings per share of -$3.35. The company reported revenue of $6.87 million. This was 21.08% worse than the analyst estimate for revenue in the same quarter. The stock was down 2.7% in after-hours trading.
Investorplace · 1d ago
Local Bounti GAAP EPS of -$8.10, revenue of $6.87M misses by $1.83M
Seeking Alpha · 1d ago
Local Bounti Corp reports results for the quarter ended in December - Earnings Summary
Local Bounti Corp reports results for the quarter ended in December. Revenue rose 3.4% to $6.87 million from a year ago. The company reported a quarterly adjusted loss of $8.10 per share. Average analyst rating on the shares is "strong buy"
Reuters · 1d ago
Local Bounti Corporation (LOCL) Reports Q4 Loss, Lags Revenue Estimates
NASDAQ · 1d ago
Local Bounti Q4 Adj. EPS $(3.35) Misses $(2.43) Estimate, Sales $6.87M Miss $8.70M Estimate
Local Bounti reports adjusted quarterly losses of $3.35 per share. The company missed the analyst consensus estimate of $2.41 per share by 39 percent. The firm also reported quarterly sales of $6.87 million which missed the estimate by 21.08 percent.
Benzinga · 1d ago
*Local Bounti Sees 1Q Rev $8.4M >LOCL
Dow Jones · 1d ago
*Local Bounti 4Q Sales $6.87M >LOCL
Dow Jones · 1d ago
Local Bounti Announces Full Year 2023 Financial Results
Local Bounti Corporation announces preliminary first quarter 2024 sales results. Georgia facility demonstrating further improvement year-to-date — packed pounds increased 50% versus December 2023 and 3x versus a year ago. Received patent for proprietary Stack & Flow Technology. Company expects to close on $228 million of financing commitments in the second quarter of 2024.
PR Newswire · 1d ago
Press Release: Local Bounti Announces Full Year -4-
Prior comparative period share and per share amounts have been adjusted to reflect the 1-for-13 Reverse Stock Split effective June 15, 2023. Amounts include the impact for non-cash increase in cost of goods sold attributable to the fair value basis adjustment to inventory in connection with acquisition of Pete's.
Dow Jones · 1d ago
Press Release: Local Bounti Announces Full Year 2023 Financial Results
Local Bounti Corporation announces preliminary first quarter 2024 sales results. Full year 2023 sales increased 42% to $27.6 million. Packed pounds increased 50% versus December 2023 and 3x versus a year ago. Company expects to close on $228 million of financing commitments in the second quarter of 2024. Received patent for proprietary Stack & Flow Technology.
Dow Jones · 1d ago
Earnings Scheduled For March 27, 2024
Local Bounti is projected to report quarterly loss at $2.41 per share on revenue of $8.70 million. Companies Reporting Before The Bell include REE Automotive and Lands' End. The companies are expected to report earnings for their fourth quarter before the bell.
Benzinga · 2d ago
Preview: Local Bounti's Earnings
Local Bounti is set to give its latest quarterly earnings report on Wednesday, 2024-03-27. Analysts estimate the company will report an earnings per share of $-2.41. Last quarter the company missed EPS by $0.18. Shares of local bounti were trading at $2.82 as of March 25.
Benzinga · 2d ago
Local Bounti to Release Full Year 2023 Financial Results on Wednesday, March 27, 2024
Local Bounti Corporation will release its financial results for the fiscal full year ended December 31, 2023 before the market opens on March 27, 2024. The Company will host a conference call to discuss financial results and other business updates. Local bounti is a breakthrough U.S. Indoor agriculture company. The company operates advanced indoor growing facilities across the United States.
PR Newswire · 2d ago
Cibus (CBUS) Reports Q4 Loss, Tops Revenue Estimates (Revised)
NASDAQ · 3d ago
Weekly Report: what happened at LOCL last week (0318-0322)?
Weekly Report · 4d ago
Cibus (CBUS) Reports Q4 Loss, Tops Revenue Estimates
NASDAQ · 03/21 22:50
Weekly Report: what happened at LOCL last week (0311-0315)?
Weekly Report · 03/18 09:00
Archer Daniels Midland (ADM) Q4 Earnings and Revenues Lag Estimates
NASDAQ · 03/12 12:10
Weekly Report: what happened at LOCL last week (0304-0308)?
Weekly Report · 03/11 09:00
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About LOCL
Local Bounti Corporation (Local Bounti) is a controlled environment agriculture (CEA) company. The Company operates an indoor growing facility in Hamilton, Montana, within a few hours' drive of its retail and food service partners. The Company produces sustainably grown living lettuce, herbs, and loose-leaf lettuce. Through its CEA process, it produces its products in an environmentally sustainable manner that harvests, limits water usage and reduces the carbon footprint of the production and distribution process. The environmental greenhouse conditions ensure the nutritional value and taste, and the products are non-genetically modified organisms (GMO) and pesticide and herbicide free. The Company’s products use approximately 90% less water and 90% less land than conventional agriculture to produce. Its products include Poppy Powder, Modern Greek, Butter Lettuce, Crispy Green Leaf, Red & Green Blend, Romaine Lettuce, Butter Lettuce and more.