LightPath Technologies Inc expected to post a loss of 4 cents a share - Earnings Preview

LightPath Technologies

09/05/2023 03:02

* LightPath Technologies Inc  LPTH.OQ   LPTH.O  is expected
to show a fall in quarterly revenue when it reports  results on
May 10 (estimated). 
    * The Orlando Florida-based  company is expected to report 
a
13.7% decrease in revenue to $7.17 million from $8.31 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 4 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 $1.37.
​​​

This summary was machine generated May 9 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated