What is Scotiabank’s Estimate for TSE:LAR FY2025 Earnings?

Lithium Americas (Argentina) Corp. (TSE:LAR) – Analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for shares of Lithium Americas (Argentina) in a research note issued to investors on Wednesday, November 12th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings per share of ($0.64) for the year, down from their previous forecast of ($0.10). Scotiabank currently has a “Hold” rating on the stock.

Lithium Americas (Argentina) (TSE:LAR) last released its quarterly earnings data on Monday, November 10th. The company reported C($0.40) earnings per share (EPS) for the quarter.

Several other equities analysts also recently issued reports on the stock. Cormark raised shares of Lithium Americas (Argentina) to a “moderate buy” rating in a report on Wednesday, August 20th. National Bank Financial raised shares of Lithium Americas (Argentina) from a “hold” rating to a “strong-buy” rating in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Lithium Americas (Argentina) presently has an average rating of “Buy”.

Lithium Americas (Argentina) Stock Performance

LAR opened at C$6.11 on Friday. The firm’s 50-day simple moving average is C$5.46 and its 200-day simple moving average is C$4.10. Lithium Americas has a twelve month low of C$2.36 and a twelve month high of C$7.62. The firm has a market cap of C$992.03 million, a price-to-earnings ratio of -12.22 and a beta of 1.84.

Lithium Americas (Argentina) Company Profile

Lithium Argentina is a producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng Lithium Co Ltd, is operating the Cauchari-Olaroz lithium brine operation in Argentina and advancing development of additional lithium resources in the region.