Neutron (NASDAQ:LIME) Releases Quarterly Earnings Results, Beats Estimates By $0.20 EPS

Neutron (NASDAQ:LIME) posted its earnings results on Tuesday. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.20, Zacks reports. The business’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.01 EPS.

Here are the key takeaways from Neutron’s conference call:

• Revenue reached $361 million in Q3, up 20% year over year, while trailing-12-month revenue surpassed $1 billion for the first time. Adjusted EBITDA was $118 million, net income was $44 million, and free cash flow was $91 million.
• LimePrime adoption is showing strong early economics: subscribers took eight times as many trips as pay-as-you-go riders, had retention rates three times higher than non-subscribers, and generated twice the adjusted gross profit.
• Revenue per vehicle per day declined 4.8% year over year to $8.77, primarily because of newer-market expansion and heightened competition in parts of Europe. The company’s decision not to match competitors’ aggressive pricing reduced utilization and caused Q3 adjusted EBITDA to fall short of expectations.
• Lime expects European competitive pressure to continue through the remainder of 2026 and plans to increase Q4 spending on fleet reliability, compliance, and technology. Q4 adjusted EBITDA is forecast at $43 million-$45 million, an approximately 18% margin, while full-year EBITDA guidance was reduced to $253 million-$255 million.
• The company continues to expand its operational fleet, which grew 26% year over year to 447,000 vehicles, with notable growth opportunities in Australia, Canada, and existing markets. Lime also ended the quarter with $453 million in cash and no long-term debt.

Neutron Trading Up 12.8%

NASDAQ:LIME opened at $25.48 on Wednesday. The firm’s 50-day simple moving average is $30.33. Neutron has a 52 week low of $22.07 and a 52 week high of $44.38. The company has a market capitalization of $1.66 billion and a PE ratio of -2,548.00.

Key Neutron News

Here are the key news stories impacting Neutron this week:

• Positive Sentiment: Q3 earnings of $0.63 per share topped analysts’ $0.43 estimate, while revenue rose about 20% year over year to a record $361 million. Lime also surpassed $1 billion in trailing-12-month revenue for the first time. Lime Announces Third Quarter 2026 Financial Results
• Neutral Sentiment: Lime forecast Q4 revenue of $240 million to $250 million and reiterated full-year 2026 revenue guidance of $1.04 billion to $1.10 billion, signaling continued growth but no increase to its annual outlook. Lime forecasts Q4 revenue and reiterates FY 2026 guidance
• Negative Sentiment: Despite the quarterly beat, EPS was down from $1.01 in the year-ago quarter. The company is also increasing investment in Europe, which could put pressure on near-term earnings. Lime forecasts Q4 revenue and discusses Europe investment

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on LIME. Weiss Ratings assumed coverage on Neutron in a research report on Friday, September 25th. They issued a “hold (c)” rating for the company. Evercore restated an “outperform” rating and set a $35.00 price objective on shares of Neutron in a report on Wednesday. KeyCorp boosted their price target on shares of Neutron from $33.00 to $37.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Citizens Jmp reduced their price objective on shares of Neutron from $45.00 to $33.00 and set a “market outperform” rating for the company in a report on Monday, October 26th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $37.00 target price on shares of Neutron in a report on Wednesday. Ten analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.14.

Neutron Company Profile

Lime is the largest global shared micromobility business. We are on a mission to build a future where transportation is shared, affordable, and carbon-free. Lime provides convenient and reliable short-term rentals of e-scooters and e-bikes at an affordable price. As of December 31, 2025, we operated in approximately 230 cities(1) across 29 countries(2). In 2025, we delivered a seamless rider experience to approximately 19 million riders. Our market leadership and scale have made Lime a widely recognized brand — valued by riders for our availability and trusted by cities for our operating track record.