Zero Revenue Expected for TMC in Q1'26, Analysts Project $0.05 EPS Loss
TMC sits 90% above its 52-week low of $2.811.
Summary
TMC the metals Co Inc. is projected to report $0 in revenue and an earnings per share loss of $0.05 for the first quarter of 2026, with the official results scheduled for May 13. This revenue estimate is consistent with the company's current status as a deep-sea mining developer, which is still in the pre-revenue phase. The company previously reported a significant net loss of $319.8 million for 2025 and has a universal shelf registration in place for future capital raises. While these estimates set the financial baseline, traders will likely focus on operational updates, regulatory advancements, and any commentary on project timelines or funding requirements during the upcoming earnings call.
At the time of this announcement, TMC was trading at $5.34 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $2.3B. The 52-week trading range was $2.81 to $11.35. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.