Loop Industries Inc expected to post a loss of 10 cents a share - Earnings Preview

Loop Industries

23/05/2025 21:06

Loop Industries Inc LOOP.OQ LOOP.O is expected to show a fall in quarterly revenue when it reports  results on May 27 (estimated) for the period ending February 28 2025

The Terrebonne Quebec-based  company is expected to report a 34.4% decrease in revenue to $29.5 thousand from $45 thousand a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Loop Industries Inc is for a loss of 10 cents 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 Loop Industries Inc is $3.50​, above​ its last closing price of $0.98. ​​​

This summary was machine generated May 23 at 20:06 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)