Local Bounti Future Growth
Future criteria checks 2/6
Local Bounti is forecast to grow earnings and revenue by 48% and 48.4% per annum respectively while EPS is expected to grow by 62.7% per annum.
Key information
48.0%
Earnings growth rate
62.7%
EPS growth rate
| Food earnings growth | 10.0% |
| Revenue growth rate | 48.4% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 16 Apr 2024 |
Recent future growth updates
Recent updates
Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts
Apr 01
An Intrinsic Calculation For Local Bounti Corporation (NYSE:LOCL) Suggests It's 37% Undervalued
Mar 31Local Bounti Corporation (NYSE:LOCL) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Nov 13Local Bounti GAAP EPS of -$0.30 misses by $0.03, revenue of $6.29M misses by $0.47M
Nov 10Local Bounti reports mixed Q2 earnings; reaffirms FY22 guidance
Aug 15Local Bounti: Sustainable Farming, Unsustainable Financials
Jun 23Better Than Organic - Local Bounti Co-CEOs Travis Joyner, Craig Hurlbert
May 23Local Bounti Is Bringing Controlled Environment Agriculture To The Stock Market
Dec 27Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 157 | -19 | 4 | 16 | 1 |
| 12/31/2025 | 110 | -56 | 0 | 12 | 2 |
| 12/31/2024 | 62 | -84 | -52 | -8 | 2 |
| 12/31/2023 | 28 | -124 | -195 | -33 | N/A |
| 9/30/2023 | 27 | -85 | -170 | -38 | N/A |
| 6/30/2023 | 27 | -88 | -145 | -38 | N/A |
| 3/31/2023 | 26 | -109 | -146 | -47 | N/A |
| 12/31/2022 | 19 | -111 | -131 | -49 | N/A |
| 9/30/2022 | 13 | -113 | -124 | -42 | N/A |
| 6/30/2022 | 7 | -97 | -112 | -39 | N/A |
| 3/31/2022 | 1 | -72 | -70 | -27 | N/A |
| 12/31/2021 | 1 | -56 | -50 | -20 | N/A |
| 9/30/2021 | 0 | -31 | -29 | -15 | N/A |
| 6/30/2021 | 0 | -22 | -17 | -9 | N/A |
| 3/31/2021 | 0 | -16 | -10 | -8 | N/A |
| 12/31/2020 | 0 | -8 | -7 | -4 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LOCL is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: LOCL is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: LOCL is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: LOCL's revenue (48.4% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: LOCL's revenue (48.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if LOCL's Return on Equity is forecast to be high in 3 years time