NYSE$MP

MP Materials Corp. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

MP Q1 2024 — n/d revenue, 0.09 EPS

If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. MP Materials Corp. reported Q1 2024 results. Diluted EPS came in at $0.09. Net income of $16K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Diluted EPS: $0.09.
  • Net income: $16K.
  • Filed on Form 10-Q (accession 0001801368-24-000045).

Headline financials

Total Revenue

$47.8M

Previous: $94.3M-49.4%
EPS

-$0.08

Previous: $0.27-129.6%
Capital Expenditures

-$51.8M

Previous: -$74.5M+30.4%
Free Cash Flow

-$35.3M

Previous: -$37M+4.5%
Net Income

$16.5M

Previous: $37.4M-56.0%
Operating Income

-$32.4M

Previous: $33M-198.4%
Gross Profit

$41.8M

Previous: $94.3M-55.7%
Cash & Equivalents

$296M

Previous: $651M-54.5%
Total Assets

$2.35B

Previous: $2.28B+3.2%
R&D Expense

$5.49M

No prior period
Stock-Based Comp

$7.47M

Previous: $7.01M+6.5%

Revenue & EPS history

MP Materials · Revenue · Quarterly

$47.8M

Q1 2024-49.4%vs Q1 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.7%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+1.4%

Avg return

30 days after

54%

13 / 24 earnings

Positive

+14.7%

Q4 2021

Best reaction

-19.8%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.0%-10.0%-18.6%
Q4 2025-1.8%+2.7%-13.7%
Q3 2025+12.9%+15.0%+19.5%
Q1 2025-7.7%-11.6%+7.8%
Q4 2024+4.8%+2.5%+11.7%
Q3 2024-0.9%+0.9%+0.2%
Q2 2024-17.4%-18.8%-4.6%
Q1 2024-3.1%+1.8%+1.9%
Q4 2023-6.8%-2.9%-15.1%
Q3 2023+4.1%+3.6%+7.2%
Q2 2023+5.4%+2.5%-2.9%
Q1 2023+0.4%+8.5%+7.2%
Q4 2022+4.8%+11.1%-17.7%
Q3 2022+9.0%+9.8%+16.5%
Q2 2022+11.0%+8.0%-7.4%
Q1 2022-7.1%-11.1%-4.6%
Q4 2021+14.7%+0.5%+34.2%
Q3 2021+4.8%+21.8%+18.7%
Q2 2021+4.2%+6.0%-3.5%
Q1 2021-12.1%-15.3%+0.5%
Q2 2020-19.8%-23.9%-36.9%
Q4 2019-19.8%-23.9%-36.9%
Q4 2020+4.3%-16.3%-30.5%
Q3 2020+4.1%+0.0%+101.2%
Q1 2020
Q3 2019
Q2 2019
Q1 2019

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