VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lithium Americas Corp. (LAC) on Friday reported fourth-quarter profit of $10.1 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 7 cents. Losses, adjusted for non-recurring gains, were 19 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.
For the year, the company reported a loss of $93.6 million, or 70 cents per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a LAC">Zacks stock report on LAC at https://www.zacks.com/ap/LAC