LightPath Technologies Inc expected to post a loss of 1 cent a share - Earnings Preview

LightPath Technologies

12/09/2023 21:35

* LightPath Technologies Inc  LPTH.OQ   LPTH.O  is expected
to show a rise in quarterly revenue when it reports  results on
September 14. 
    * The Orlando Florida-based  company is expected to report 
a
3.0% increase in revenue to $9.171 million from $8.91 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for LightPath
Technologies
Inc is for a loss of 1 cent 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 LightPath
Technologies Inc is $3​, above​ its last closing price of $1.70.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.04       -0.03      -0.03     Met     14.3
 Dec. 31 2023  -0.05       -0.05      -0.03     Beat    40
 Sep. 30 2022              0.01       -0.05     Missed  -600​
 Jun. 30 2022  -0.02       -0.02      -0.05     Missed  -150
 ​​Mar.        -0.03       -0.03      -0.02     Beat    33.3
 31 2022                                                
 Dec. 31 2021  -0.02       -0.01      -0.04     Missed  -200.1
                                                        ​
 Sep. 30 2021  -0.02       -0.02      -0.01     Beat    50
 Jun. 30 2021  -0.01       -0.02      -0.11     Missed  -450
 This summary was machine generated September 12 at 20:35 GMT. 
All figures in US dollars  unless otherwise stated