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

LightPath Technologies

12/09/2022 21:02

* 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
9.7% increase in revenue to $9.139 million from $8.33 million a
year ago, according to the mean estimate from 2 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 a loss of 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $1.57.
​​​

This summary was machine generated September 12 at 20:02 GMT. 
All figures in US dollars  unless otherwise stated