Loop Industries Inc expected to post a loss of 11 cents a share - Earnings Preview

Loop Industries

07/07/2023 21:12

* Loop Industries Inc  LOOP.OQ   LOOP.O  is expected to show
a
rise in quarterly revenue when it reports  results on July 11
(estimated). 
    * The Terrebonne Quebec-based  company is expected to report
revenue of $240 thousand, according to the estimate from one
analyst, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Loop Industries Inc
is
for a loss of 11 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 $6.3​, above​ its last closing price of $3.24. ​​​

This summary was machine generated July 7 at 20:12 GMT.  All
figures in US dollars  unless otherwise stated