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

Loop Industries

30/05/2022 14:31

* Loop Industries Inc  LOOP.OQ  reported a quarterly
adjusted loss
of 30 cents​​ per share for the quarter ended in February. The
mean expectation of five analysts for the quarter was for a loss
of 20 cents per share.
    * Reported revenue was zero​;  analysts expected zero. 
    * Loop Industries Inc's reported EPS for the quarter was a
loss
of 30 cents​.
    * 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. 
    * Loop Industries Inc shares had fallen by 37.6% this
quarter and
lost 54.8% so far this year.
    * The company reported a quarterly loss of $14.27 million.
    * Wall Street's median 12-month price target for Loop
Industries
Inc is $21.00 
    * 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." 

This summary was machine generated May 30 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated