LightPath Technologies Inc expected to post a loss of 3  cents a share - Earnings Preview

LightPath Technologies

11/05/2022 24:46

* LightPath Technologies Inc  LPTH.OQ   LPTH.O  is expected
to show a fall in quarterly revenue when it reports  results on
May 12. 
    * The Orlando Florida-based  company is expected to report 
a
13.0% decrease in revenue to $9.315 million from $10.7 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 3 cents per share. For the same quarter
last year, the company reported 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 $3.5​, above​ its last closing price
of $1.34. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.01        0.02       -0.01     Missed  -160
 ​​Dec.        0.01        0.02       0.01      Missed  -33.3
 31 2020                                                
 Sep. 30 2020  0.02        0.02       0.00      Missed  -100​
 Jun. 30 2020              0.01       0.02      Beat    100
 Mar. 31 2020              0.01       0.03      Beat    200
 This summary was machine generated May 10 at 23:46 GMT.  All
figures in US dollars  unless otherwise stated