LiqTech International Inc LIQT.OQ reported a quarterly adjusted loss of 22 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -36 cents. The lone analyst forecast for the quarter was for a loss of 21 cents per share.
Revenue rose 10.5% to $4.96 million from a year ago; analysts expected $5.00 million.
LiqTech International Inc's reported EPS for the quarter was a loss of 22 cents.
The company reported a quarterly loss of $2.15 million.
LiqTech International Inc shares had risen by 23.1% this quarter and gained 6.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 31.2% 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 1 "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 $3.60, about 45.3% above its last closing price of $1.97
This summary was machine generated from LSEG data August 13 at 01:21 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)