USA Rare Earth’s Q2 adjusted EPS of -$0.08 beat estimates, though GAAP losses remained large and investors seek operational progress.
USA Rare Earth (USAR) reported Q2 2025 results on August 11, posting an adjusted EPS of -$0.08, beating the consensus estimate of -$0.13 by $0.05.
The company’s trailing EPS stands at $0.00, while GAAP EPS showed a larger loss of -$1.54, reflecting non‑cash or one‑time items that widen the GAAP deficit relative to adjusted results. Revenue details were not highlighted in the summary release.
Market data showed the share price near $17.33 as of the September 26 close, down roughly 4.7% from the prior session; investors appear focused on cash flow, production ramp and commercialization milestones rather than the headline per‑share figure alone.
Analyst consensus for full-year 2025 averages a -$0.33 EPS across three estimates, with quarterly forecasts clustering around -$0.10 for remaining 2025 quarters and modestly improving losses projected into 2026. Management provided a slide deck, call transcript and 8‑K filing to support the results. Market participants will be watching operational updates and offtake progress for signs of sustainable margin improvement.