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Mp Materials Corp.

$18.73

Earnings Summary

Revenue
$62.93Mn
Net Profits
$-25.52Mn
Net Profit Margins
-40.55%

Highlights

Revenue:

Mp Materials Corp.’s revenue jumped 19.82% since last year same period to $62.93Mn in the Q3 2024. On a quarterly growth basis, Mp Materials Corp. has generated 101.31% jump in its revenue since last 3-months.

Net Profits:

Mp Materials Corp.’s net profit fell -496.73% since last year same period to $-25.52Mn in the Q3 2024. On a quarterly growth basis, Mp Materials Corp. has generated 25.07% jump in its net profits since last 3-months.

Net Profit Margins:

Mp Materials Corp.’s net profit margin fell -398% since last year same period to -40.55% in the Q3 2024. On a quarterly growth basis, Mp Materials Corp. has generated 62.78% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Mp Materials Corp. post its latest quarter earnings

EPS Estimate Current Year
-0.02

Highlights

EPS Estimate Current Year:

Mp Materials Corp.’s earning per share (EPS) estimates for the current year stand at -0.02.

Key Ratios

Key ratios of the Mp Materials Corp. post its Q3 2024 earnings

Earning Per Share (EPS)
-0.12
Return on Assets (ROA)
-0.04
Return on Equity (ROE)
-0.05

Highlights

Earning Per Share (EPS):

Mp Materials Corp.’s earning per share (EPS) fell -400% since last year same period to -0.12 in the Q3 2024. This indicates that the Mp Materials Corp. has generated -400% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Mp Materials Corp.’s return on assets (ROA) stands at -0.04.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Mp Materials Corp.’s return on equity (ROE) stands at -0.05.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-03
-0.02
-0.04
-100%
2024-08-06
-0.09
-0.17
-88.89%
2024-11-08
-0.13
-0.12
7.69%