MP Materials (MP) Tops Q4 EPS by 5c

MP Materials (NYSE: MP) reported Q4 EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $99.1 million versus the consensus estimate of $83.42 million.

• Increased production 10% year-over-year to 10,261 metric tons of REO
• Realized 135% year-over-year growth in revenue to $99.1 million from 9,674 metric tons of REO sold
• Produced records for net income of $49.0 million and Adjusted EBITDA of $71.3 million, up 103% and 297%, respectively

For earnings history and earnings-related data on MP Materials (MP) click here.

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