USA Rare Earth Shares Dip After Q3 Misses Estimates

Benzinga Earnings
3小時前

USA Rare Earth posted its third-quarter fiscal 2026 results after Monday’s closing bell. Here’s a look at the details inside the report. 

USA Rare Earth Q3 Details    

USA Rare Earth reported quarterly losses of 44 cents per share, which missed the consensus estimate for losses of 16 cents, per Benzinga Pro data. 

Quarterly revenue of $3 million missed the Street estimate of $13.25 million.

The company highlighted the commencement of commercial-scale Mixed Rare Earth Carbonate (MREC) production at Serra Verde, with first shipments in October and sales in November.

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“The third quarter marked a series of significant operational and commercial milestones, reflecting the growing positive momentum at USA Rare Earth,” said Thras Moraitis, CEO of USA Rare Earth.

This progress was further reinforced by the closing of the Serra Verde combination in September, which coincided with the completion of Stage 1 of Serra Verde’s optimization and expansion program, followed by the commencement of commercial-scale shipments in October and sales of MREC in November,” Moraitis added.

USAR Stock Price: According to data from Benzinga Pro, USA Rare Earth stock was down 3.08% to $8.49 in Monday’s extended trading.

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