Loop Industries Inc expected to post a loss of 25 cents a share - Earnings Preview

Loop Industries

01/10/2021 13:34

* Loop Industries Inc  LOOP.OQ   LOOP.O  is expected to show a
no change in quarterly revenue when it reports results on
October 5 (estimated). 
​* Refinitiv's mean analyst estimate for Loop Industries Inc is
for a loss of 25 cents per share. For the same quarter last
year, the company reported a loss of 13 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $18.5​, about 38.2% above​ its last closing price
of $11.43. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  -0.10       -0.10      -0.13     Missed  -30
 May.          -0.10​      -0.10      -0.10     Met     0​
 31​ 2020​                                              
 Feb. 29 2020  -0.09       -0.09      -0.09     Met     0​
 Nov. 30 2019  -0.09       -0.09      -0.10     Missed  -11.1
 Aug. 31 2019              -0.10      -0.09     Beat    10
 This summary was machine generated October 1 at 12:34 GMT.  All
figures in US dollars unless otherwise stated