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

Loop Industries

13/10/2023 21:16

* Loop Industries Inc  LOOP.OQ   LOOP.O  is expected to show
a
fall in quarterly revenue when it reports  results 
    * The Terrebonne Quebec-based  company is expected to report
 a
86.0% decrease in revenue to $19 thousand from $135.43 thousand
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv'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
"strong 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 Loop
Industries
Inc is $6.15​, above​ its last closing price of $3.53. ​​​

This summary was machine generated October 13 at 20:16 GMT.  All
figures in US dollars  unless otherwise stated