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Largo Resources Earnings Estimate

LGO Stock  CAD 2.35  0.09  3.98%   
By analyzing Largo Resources' earnings estimates, investors can diagnose different trends across Largo Resources' analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Largo Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Largo Resources is projected to generate -0.07 in earnings per share on the 31st of March 2024. Largo Resources earnings estimates module stress-tests analyst consensus about projected Largo Resources EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Largo Resources, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Largo Resources' earnings estimates, investors can diagnose different trends across Largo Resources' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Largo Resources' Gross Profit is very stable compared to the past year. As of the 8th of May 2024, Gross Profit Margin is likely to grow to 0.13, while Pretax Profit Margin is likely to drop (0.19).
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.

Largo Resources Earnings per Share Projection vs Actual

About Largo Resources Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Largo Resources earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Largo Resources estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Largo Resources fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings-77.6 M-81.5 M
Earnings Yield(0.21)(0.22)
Price Earnings Ratio(4.85)(5.10)
Price Earnings To Growth Ratio(0)(0)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Largo Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Largo Resources' short interest history, or implied volatility extrapolated from Largo Resources options trading.

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When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Largo Resources' price analysis, check to measure Largo Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Largo Resources is operating at the current time. Most of Largo Resources' value examination focuses on studying past and present price action to predict the probability of Largo Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Largo Resources' price. Additionally, you may evaluate how the addition of Largo Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.