LiqTech International Inc expected to post a loss of 35 cents a share - Earnings Preview

LiqTech International

07/05/2024 15:00

* LiqTech International Inc  LIQT.OQ   LIQT.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 9
(estimated) for the period ending March 31 2024
    * The Ballerup Denmark-based   company is expected to report
a
3.8% increase in revenue to $4.15 million from $4 million a year
ago, according to the mean estimate from 2 analysts, based on
LSEG data.The company's guidance on March 21 2024, for the
period ended March 31, was for revenue between $4.10 million and
$4.30 million.
    * ​LSEG's mean analyst estimate for LiqTech International
Inc is
for a loss of 35 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 had fallen by
about 9.1%
in the last three months. ​
    * Wall Street's median 12-month price target for LiqTech
International Inc is $9.08​, above​ its last closing price
of $2.69. ​​​

The company's guidance on March 21 2024 for the period ended
March 31 was for gross profit margin between USD5% and USD10%.
This summary was machine generated May 7 at 14:00 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)