LiqTech International Inc reports results for the quarter ended in December - Earnings Summary

LiqTech International

21/03/2024 13:32

* LiqTech International Inc  LIQT.OQ  reported a quarterly
adjusted loss of 57 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of -24 cents.  The mean expectation of
two analysts for the quarter was for a loss of 24 cents per
share. Wall Street expected results to range from -26 cents
to -22 cents per share.
    * Revenue fell 2.3% to $3.93 million from a year ago;
analysts
expected $5.40 million. 
    * LiqTech International Inc's reported EPS for the quarter
was a
loss of 57 cents​.
    * The company reported a quarterly loss of $3.21 million.
    * LiqTech International Inc shares had fallen by 5.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 9.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the environmental
services & equipment peer group is also "buy"

Wall Street's median 12-month price target for LiqTech
International Inc is $9.08 
This summary was machine generated from LSEG data March 21 at
01:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.24          -0.57          Missed
 Sep. 30 2023      -0.30          -0.25          Beat
 Jun. 30 2023      -0.24          -0.27          Missed
 Mar. 31 2023      -0.32          -0.40          Missed