TMC the metals company (TMC) Q2 2026 earnings — TrendMatrix coverage

Reported EPS

-$0.12

Estimate

-$0.05

Surprise

-119.3%

Score today

5.0/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

TMC the metals company (TMC) reported a wider loss than forecast — diluted EPS of -$0.12 against the -$0.05 estimate (a 119.3% shortfall).

• Transcript: TMC Metals Q2 2026 Earnings Conference Call — benzinga, 2026-08-13
• TMC Metals Q2 EPS $(0.14) Misses $(0.06) Estimate — benzinga, 2026-08-13

TrendMatrix currently rates TMC Sell at 5.0/10; no pre/post engine snapshot brackets this report.

0 of the last 4 quarters beat the estimate; this quarter's -119.3% surprise compares with a -309.1% four-quarter average. Next scheduled report: 2026-11-12.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$4.45

Price target

$9.28

Stop

$4.09

Upside to target

+108.5%

Reward-to-risk

7.4:1

Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.

Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.

Industry

Other Industrial Metals & Mining

Market cap

$2.60B

P/E (fwd)

-19.1

52-week range

$3.40–$11.35

Off 52-week high

60.8%

RSI (14)

57

Volume vs avg

0.64×

Score today

5.0/10