LightPath Technologies Inc expected to post a loss of 2 cents a share - Earnings Preview

LightPath Technologies

07/09/2021 21:14

* LightPath Technologies Inc  LPTH.OQ   LPTH.O  is expected
to show a fall in quarterly revenue when it reports results on
September 9. 
* The Orlando, Florida-based company is expected to report   a
9.8% decrease in revenue to $8.217 million from $9.11 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 2 cents per share. For the same quarter
last year, the company reported earnings of 2 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 LightPath
Technologies Inc is $3.5​, about 34.6% above​ its last closing
price of $2.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.01        0.02       -0.01     Missed  -160
 Dec. 31 2020  0.01        0.02       0.01      Missed  -33.3
 Sep. 30 2020  0.02        0.02       0.00      Missed  -100​
 Jun. 30 2020              0.01       0.02      Beat    100
 Mar.          ​           0.01       0.03      Beat    200​
 31​ 2020​                                              
 Dec. 31 2019              0.00       0.03      Beat    ​
 Sep. 30 2019  -0.01       -0.01      -0.05     Missed  -400
 Jun. 30 2019  -0.04       -0.04      -0.07     Missed  -75
 This summary was machine generated September 7 at 20:14 GMT. 
All figures in US dollars unless otherwise stated