Scotiabank Issues Pessimistic Forecast for TSE:LAR Earnings

Lithium Americas (Argentina) Corp. (TSE:LAR) – Scotiabank reduced their FY2026 EPS estimates for Lithium Americas (Argentina) in a note issued to investors on Monday, July 27th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $0.44 per share for the year, down from their previous estimate of $0.52. Scotiabank also issued estimates for Lithium Americas (Argentina)’s FY2027 earnings at $0.51 EPS.

Lithium Americas (Argentina) Price Performance

Shares of LAR stock opened at C$8.34 on Friday. Lithium Americas has a 1-year low of C$3.54 and a 1-year high of C$16.46. The stock’s fifty day moving average price is C$11.43 and its 200 day moving average price is C$11.12. The company has a market cap of C$1.37 billion, a price-to-earnings ratio of -21.95 and a beta of 2.44.

Lithium Americas (Argentina) (TSE:LAR) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C$0.07 earnings per share (EPS) for the quarter.

About Lithium Americas (Argentina)

Lithium Argentina is an emerging producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng operates the Cauchari-Olaroz lithium brine operation in the Jujuy province of Argentina and advancing the PPG Project in the Salta province of Argentina. Lithium Argentina currently trades on the Toronto Stock Exchange (‘ TSX ‘) and the New York Stock Exchange (‘ NYSE ‘) under the ticker ‘LAR’.