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

Loop Industries

12/01/2022 14:31

* Loop Industries Inc  LOOP.OQ  reported a quarterly adjusted
loss of 21 cents​​ per share for the quarter ended in November.
The mean expectation of five analysts for the quarter was for 
 a loss of 17 cents per share.
* Reported revenue was zero​;  analysts expected zero. 
* Loop Industries Inc's reported EPS for the quarter was a loss
of 21 cents​.
* The mean earnings estimate of analysts had risen by
about 33.8% 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 10.0% this quarter.
* The company reported a quarterly loss of $10.1 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 January 12 at 02:31 p.m.
 ​All figures in US dollars unless otherwise stated