Piedmont Lithium Limited (PLL) announced Loss for fourth quarter that decreased from the same period last year and beat the Street estimates.
The company's earnings came in at -$11.13 million, or -$0.55 per share. This compares with -$25.39 million, or -$1.32 per share, last year.
Excluding items, Piedmont Lithium Limited reported adjusted earnings of -$3.55 million or -$0.17 per share for the period.
Analysts on average had expected the company to earn -$0.53 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 723.7% to $45.59 million from -$7.31 million last year.
Piedmont Lithium Limited earnings at a glance (GAAP) :
-Earnings: -$11.13 Mln. vs. -$25.39 Mln. last year.
-EPS: -$0.55 vs. -$1.32 last year.
-Revenue: $45.59 Mln vs. -$7.31 Mln last year.
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