Loop Industries Inc reports results for the quarter ended August 31 - Earnings Summary

Loop Industries

15/10/2026 22:44

Loop Industries Inc LOOP.OQ reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended August 31, higher than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of two analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -6 cents to -5 cents per share.
Revenue was $107.00 thousand​; analysts expected $312.50 thousand. 
Loop Industries Inc's reported EPS for the quarter was a loss of 6 cents​.
The company reported a quarterly loss of $2.99 million.
Loop Industries Inc shares had fallen by 17.2% this quarter and lost 65.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 22.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
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 average consensus recommendation for the environmental services & equipment peer group is  "buy."
Wall Street's median 12-month price target for Loop Industries Inc is $4.55, about 92.5% above its last closing price of $0.34
This summary was machine generated from LSEG data October 15 at 09:44 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Aug. 31 2026 
-0.05
-0.06
Missed
May. 31 2026 
-0.05
-0.07
Missed
Feb. 28 2026 
-0.07
-0.06
Beat
Nov. 30 2025 
-0.06
-0.06
Met