Loop Industries Inc reports results for the quarter ended February 28 - Earnings Summary

Loop Industries

30/05/2025 07:56

Loop Industries Inc LOOP.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended February 28, lower than the same quarter last year, when the company reported EPS of -10 cents.  The mean expectation of two analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -11 cents to -9 cents per share.

Revenue rose 23,922.2% to $10.81 million from a year ago; analysts expected $29.50 thousand.

Loop Industries Inc's reported EPS for the quarter was a loss of 14 cents​.

The company reported a quarterly loss of $6.88 million.

Loop Industries Inc shares had fallen by 8.7% this quarter and lost 12.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the environmental services & equipment peer group is also "buy"

Wall Street's median 12-month price target for Loop Industries Inc is $3.50

This summary was machine generated from LSEG data May 30 at 06:56 a.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
Feb. 28 2025
-0.10
-0.14
Missed
Nov. 30 2024
-0.10
-0.07
Beat
Aug. 31 2024
-0.11
-0.10
Beat
May. 31 2024
-0.09
-0.11
Missed