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Drug Manufacturer Stocks Saw...

Shares of AbbVie Inc. (NYSE: ABBV) rose over 1.03% in early trading session...

Consumer Electronics Stocks In...

GoPro, Inc. (NASDAQ: GPRO) jumps down over 10.14% to $5.81 in early trading...

Solar Stocks Revamp Position...

Array Technologies (NASDAQ: ARRY) plunged over 1.24% to $19.97 in early trading session...

Semiconductor Stocks in Bearish...

Shares of ON Semiconductor Corp. (NASDAQ:ON) dropped over 1.5% in early trading session...
HomeWorldLivent Corporation (NYSE:...

Livent Corporation (NYSE: LTHM) Estimate Changes Are Directly Tied To Near-Team Stock Movements

Livent Corporation (NYSE: LTHM) dropped over 4.21% to trade at $27.18 in early trading session on Friday as the firm said that its third-quarter 2022 earnings would be released after the stock market close on Tuesday, November 1, 2022, through PR Newswire and the company’s website. Following that, on Tuesday, November 1, 2022, at 4:30 p.m. ET, the firm will have a webcast conference call that is available to the public through Internet broadcast and conference call.

Prior to today’s trade, the supplier of performance lithium compounds’ shares had fallen 10.63% in the previous month. In that period, the Basic Materials sector gained 1.01% while the S&P 500 lost 3.51%.

As Livent approaches its next earnings report date, Wall Street will be searching for signs of optimism. Analysts estimate Livent will earn $0.39 per share, according to the study. This would represent a year-over-year increase of 1200%. Meanwhile, our most recent average forecast calls for sales of $244.26 million, a 135.78% increase over the prior-year quarter.

In terms of the entire year, our Zacks Consensus Estimates indicate that analysts anticipate earnings of $1.37 per share and sales of $854.9 million. These figures represent increases of +661.11% and +103.35% over previous year.

Investors may also observe recent revisions in Livent analyst estimates. These updates assist to demonstrate the ever-changing nature of near-term business trends. With this in mind, we might interpret positive estimate revisions as an indication of confidence about the company’s business prospects.

According to the study, these estimate changes are directly tied to near-team stock movements. To capitalize on this, we created the Zacks Rank, an unique methodology that considers these estimate changes and delivers an actionable grading system.

Drug Manufacturer Stocks Saw in Stress: AbbVie (NYSE: ABBV), Amgen (NASDAQ:AMGN), AstraZeneca (NASDAQ:AZN), Bristol-Myers Squibb (NYSE: BMY)

Shares of AbbVie Inc. (NYSE: ABBV) rose over 1.03% in early trading session on Friday as patients in the United States will be able...

Consumer Electronics Stocks In Action: GoPro, Inc. (NASDAQ: GPRO), Sonos, Inc. (NASDAQ: SONO), Sony Group Corp. (NYSE: SONY)

GoPro, Inc. (NASDAQ: GPRO) jumps down over 10.14% to $5.81 in early trading session on Friday as the firm announced financial results for its...

Solar Stocks Revamp Position in Street: Array Technologies (NASDAQ: ARRY), Sunrun Inc. (NASDAQ:RUN), Sunnova Energy International Inc. (NYSE: NOVA)

Array Technologies (NASDAQ: ARRY) plunged over 1.24% to $19.97 in early trading session on Friday as company was awarded a contract to supply solar...

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Biotech Stocks Regain Momentum: Walgreens Boots Alliance (NASDAQ: WBA), CVS Health (NYSE: CVS), J&J’s (NYSE: JNJ), Merck (NYSE:MRK)

Walgreens Boots Alliance, Inc. (NASDAQ:WBA) inches up in early trading session on Thursday as the firm said that its board of directors has declared a quarterly dividend of 48 cents per share, the same as the previous quarter and...

Autodesk (NASDAQ: ADSK) Performs In Line With Expectations in Third Quarter

A maker of design software, Autodesk (NASDAQ: ADSK) plummeted over 10% to $188. 05 in pre trading session on Wednesday as it matched expectations for its fiscal Q3 but guided below views for the current quarter. The San Rafael, California-based...

Tripadvisor, Inc. (NASDAQ: TRIP) Sudden Changes in Higher Management Confuse Active Investors

Tripadvisor, Inc. (NASDAQ: TRIP) drops down 2.44% in pre-market session on Thursday after Ernst Teunissen, Chief Financial Officer, would step down to pursue other interests, and that Mike Noonan will join the business as Chief Financial Officer and Senior...

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