USA Rare Earth Inc reports results for the quarter ended June 30 - Earnings Summary

• USA Rare Earth Inc USAR.OQ reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended June 30. The mean expectation of three analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -13 cents to -5 cents per share.

• Reported revenue was zero​; analysts expected zero.

• USA Rare Earth Inc's reported EPS for the quarter was a loss of $1.54​.

• The company reported a quarterly loss of $142.51 million.

• USA Rare Earth Inc shares had risen by 48.4% this quarter and gained 41.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 72.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the non-gold precious metals & minerals peer group is also "buy"

• Wall Street's median 12-month price target for USA Rare Earth Inc is $16.50, about 1.5% above its last closing price of $16.26

This summary was machine generated from LSEG data August 11 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)