Local Bounti Future Growth
Future criteria checks 2/6
Local Bounti is forecast to grow earnings and revenue by 30.7% and 45.2% per annum respectively while EPS is expected to grow by 50% per annum.
Key information
30.7%
Earnings growth rate
50.0%
EPS growth rate
| Food earnings growth | 13.2% |
| Revenue growth rate | 45.2% |
| Future return on equity | n/a |
| Analyst coverage | Low |
| Last updated | 15 Nov 2024 |
Recent future growth updates
Recent updates
Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%
Nov 20
Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 17Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts
Apr 01An 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 | 131 | -54 | 9 | 21 | 2 |
| 12/31/2025 | 81 | -78 | -9 | 3 | 2 |
| 12/31/2024 | 39 | -114 | -94 | -28 | 2 |
| 9/30/2024 | 35 | -149 | -153 | -35 | N/A |
| 6/30/2024 | 32 | -139 | -174 | -28 | N/A |
| 3/31/2024 | 29 | -125 | -197 | -32 | N/A |
| 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 (45.2% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: LOCL's revenue (45.2% 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