Local Bounti (LOCL) to Release Earnings on Wednesday

Local Bounti (NYSE:LOCL) is anticipated to announce its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($3.89) per share and revenue of $10.95 million for the quarter.

Local Bounti Price Performance

LOCL stock opened at $1.93 on Monday. The business has a fifty day moving average price of $2.19 and a 200 day moving average price of $2.19. Local Bounti has a fifty-two week low of $1.18 and a fifty-two week high of $3.33. The stock has a market capitalization of $16.66 million, a price-to-earnings ratio of -0.11 and a beta of 2.20.

Local Bounti Company Profile

Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.