Loop Industries Inc <LOOP.OQ> expected to post a loss of 10 cents a share - Earnings Preview
Loop Industries Inc LOOP.OQ LOOP.O is expected to show a fall in quarterly revenue when it reports results on January 14 (estimated) for the period ending November 30 2024
The Terrebonne Quebec-based company is expected to report a 19.2% decrease in revenue to $21 thousand from $26 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Loop Industries Inc is for a loss of 10 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Loop Industries Inc is $4.00, above its last closing price of $1.19.
This summary was machine generated January 10 at 11:03 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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