Investing.com - Local Bounti (NYSE: LOCL) reported first quarter EPS of $-0.230, in line with the analyst estimate of $-0.230. Revenue for the quarter came in at $6.7M versus the consensus estimate of $7.29M.
Guidance
Local Bounti sees FY 2023 revenue of $34.000M-$40.000M versus the analyst consensus of $35.680M.
Local Bounti's stock price closed at $0.510. It is down -40.890% in the last 3 months and down -88.970% in the last 12 months.
Local Bounti saw 2 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Local Bounti's stock price’s past reactions to earnings here.
According to InvestingPro, Local Bounti's Financial Health score is "weak performance".
Check out Local Bounti's recent earnings performance, and Local Bounti's financials here.
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