Local Bounti Q1 2024 GAAP EPS $(2.89) Misses $(2.15) Estimate, Sales $8.383M Miss $8.400M Estimate
$LOCL
Farming/Seeds/Milling
Consumer Staples
Local Bounti (NYSE:LOCL) reported quarterly losses of $(2.89) per share which missed the analyst consensus estimate of $(2.15) by 34.42 percent. This is a 4.93 percent increase over losses of $(3.04) per share from the same period last year. The company reported quarterly sales of $8.383 million which missed the analyst consensus estimate of $8.400 million by 0.20 percent. This is a 25.16 percent increase over sales of $6.698 million the same period last year.