Loop Industries Inc expected to post a loss of 17 cents a share - Earnings Preview

Loop Industries

10/01/2022 13:44

* Loop Industries Inc  LOOP.OQ   LOOP.O  is expected to show no
change in quarterly revenue when it reports  results on January
12 (estimated). 
​* Refinitiv's mean analyst estimate for Loop Industries Inc is
for a loss of 17 cents per share. For the same quarter last
year, the company reported a loss of 22 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "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 $21​, about 45.1% above​ its last closing price
of $11.53. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Aug. 31 2021  -0.28       -0.28      -0.19     Beat    32.1
 May. 31 2021  -0.29       -0.29      -0.29     Met     0
 Feb. 28 2021              -0.19      -0.32     Missed  -64.1​
 Nov. 30 2020  -0.12       -0.12      -0.22     Missed  -83.3
 ​​Aug.        -0.10       -0.10      -0.13     Missed  -30
 31 2020                                                
 May. 31 2020  -0.10       -0.10      -0.10     Met     0​
 Feb. 29 2020  -0.09       -0.09      -0.09     Met     0
 Nov. 30 2019  -0.09       -0.09      -0.10     Missed  -11.1
 This summary was machine generated January 10 at 13:44 GMT.  All
figures in US dollars  unless otherwise stated