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

Loop Industries

12/07/2023 22:02

* Loop Industries Inc  LOOP.OQ  reported a quarterly
adjusted loss
of 15 cents​​ per share for the quarter ended in May. The mean
expectation of two analysts for the quarter was for a loss of 11
cents per share.
    * Revenue was $27.00 thousand​; analysts expected $240.00
thousand. 
    * Loop Industries Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Loop Industries Inc shares had risen by 1.9% this
quarter and
gained 36.8% so far this year.
    * Wall Street's median 12-month price target for Loop
Industries
Inc is $6.30 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
12 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      -0.11          -0.15          Missed
 Feb. 28 2023      -0.15          0.11           Beat
 Nov. 30 2022      -0.20          -0.16          Beat
 Aug. 31 2022      -0.22          -0.16          Beat