HomeMarket NewsShifting Tides: Largo Faces Setback with Missed EPS and Revenue Targets in...

Shifting Tides: Largo Faces Setback with Missed EPS and Revenue Targets in Q4 2023

Daily Market Recaps (no fluff)

always free

LGO stock - LGO Stock Earnings: Largo Misses EPS, Misses Revenue for Q4 2023

Source: iQoncept / Shutterstock

Largo (NASDAQ:LGO) just released its financial results for the final quarter of 2023.

  • Largo’s earnings per share fell short at -21 cents, a stark deviation from the forecasted -5 cents by analysts.
  • The company’s revenue stood at $44.17 million, marking a 6.22% dip from the anticipated $47.10 million.

InvestorPlace Earnings, powered by TradeSmith data, automates the coverage of quarterly earnings reports providing vital insights on EPS, revenue, and performance against analyst predictions. This automated approach ensures swift dissemination of the latest financial figures to our audience. For any queries or corrections, please reach out to us at editor@investorplace.com.


Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/lgo-stock-earnings-largo-for-q4-of-2023/.

©2024 InvestorPlace Media, LLC

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.