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The Zacks Chemicals Specialty industry is poised to benefit from improved demand across major end-use markets. PPG, AXTA and LTHM are set to gain from self-help actions and demand recovery.
Livent's $10.6-billion merger with Allkem will create a new lithium powerhouse, but LTHM stock slipped on the fine print. More M&A is expected.
Shares in Livent, the U.S.-based chemical manufacturer, rose more than 2% in premarket trading Wednesday, following reports in the Australian Financial Review, cited by Reuters, that the company had a
Lithium stocks may have slipped. But don't write them off just yet.

Why Shares of Livent Power Headed Higher Today

03:12pm, Wednesday, 03'rd May 2023
Livent set quarterly records for revenue and earnings per share. The company raised its 2023 revenue and adjusted EBITDA guidance.
First-quarter revenue surged 77% year over year, easily beating the 63% growth Wall Street had expected. Adjusted earnings per share soared 186%, crushing the 86% increase analysts had projected.

Livent Stock Surges on Big Earnings Beat

05:32am, Wednesday, 03'rd May 2023
The lithium producer posts earnings of 60 cents a share on sales of $253.5 million. Wall Street was looking for profit of 39 cents and sales of $230.2 million.
Livent (LTHM) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.21 per share a year ago.
(Kitco News) - The company said that its reported GAAP net income was $114.8 million in Q1 2023, compared to $82.7 million and $53.2 million in the previous quarter and the prior year's quarter, respe
Shares of Livent Corp. LTHM jumped more than 10% in the extended session Tuesday after the lithium miner reported better-than-expected profit and sales for its first quarter, thanks to ongoing demand
Lithium producer Livent Corp reported a jump in second-quarter profit and raised its annual forecast on Tuesday, citing rising prices and sales of the metal used to make electric vehicle batteries.
Lithium stocks have tumbled as prices for the battery metal skid. Albemarle and Livent earnings should be strong in Q1, but can that last?
Livent's (LTHM) Q1 results are expected to reflect the benefits of higher realized pricing and strong lithium demand.
Tesla shares continued losing ground on Monday. However, lithium mining stocks posted solid gains.
Who Is Leading In The Race To Achieve Successful Direct Lithium Extraction (DLE).
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