Piedmont Lithium Limited (PLL) released Loss for its second quarter that increased from last year and missed the Street estimates.
The company's earnings totaled -$13.332 million, or -$0.69 per share. This compares with -$10.639 million, or -$0.55 per share, in last year's second quarter.
Excluding items, Piedmont Lithium Limited reported adjusted earnings of -$12.651 million or -$0.65 per share for the period.
Analysts on average had expected the company to earn -$0.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Piedmont Lithium Limited earnings at a glance (GAAP) :
-Earnings (Q2): -$13.332 Mln. vs. -$10.639 Mln. last year.
-EPS (Q2): -$0.69 vs. -$0.55 last year.
-Revenue (Q2): $13.227 Mln vs. $0 Mln last year.
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