Local Bounti (LOCL) Set to Post Quarterly Earnings on Wednesday

Local Bounti (NYSE:LOCL) is expected to post its Q3 2026 results before the market opens on Wednesday, November 11th. Analysts expect the company to announce earnings of ($0.47) per share and revenue of $25.00 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 11, 2026 at 8:00 AM ET.

Local Bounti (NYSE:LOCL) last issued its quarterly earnings data on Wednesday, August 12th. The company reported ($0.68) EPS for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.18). The business had revenue of $13.85 million during the quarter, compared to analysts’ expectations of $22.00 million.

Local Bounti Price Performance

LOCL stock opened at $0.94 on Wednesday. Local Bounti has a fifty-two week low of $0.90 and a fifty-two week high of $3.13. The stock has a market capitalization of $22.09 million, a price-to-earnings ratio of -0.34 and a beta of 2.88. The business’s fifty day moving average price is $1.04 and its two-hundred day moving average price is $1.40.

Wall Street Analyst Weigh In

Separately, Weiss Ratings downgraded shares of Local Bounti from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Insider Buying and Selling at Local Bounti

In other news, CEO Kathleen Valiasek sold 118,720 shares of Local Bounti stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $1.06, for a total value of $125,843.20. Following the completion of the sale, the chief executive officer directly owned 1,406,140 shares in the company, valued at approximately $1,490,508.40. The trade was a 7.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 14.20% of the company’s stock.

Local Bounti Company Profile

Local Bounti Corporation was an indoor agriculture company that used controlled-environment farming to grow fresh produce year-round. Its operations were designed to use hydroponic systems and indoor growing environments, helping provide consistent growing conditions while reducing the distance between farms and consumers.

The company produced and marketed leafy greens, lettuce, herbs and other fresh vegetables under the Local Bounti brand. Its products were distributed through retail and food-service channels, with a focus on serving customers in regional markets from its indoor farms in the United States.

Local Bounti was founded in 2018 and became publicly traded in 2021 after completing a business combination with Leo Holdings Corp.