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

Loop Industries

12/01/2023 22:25

* Loop Industries Inc  LOOP.OQ  reported a quarterly
adjusted loss
of 16 cents​​ per share for the quarter ended in November. The
mean expectation of four analysts for the quarter was for a loss
of 21 cents per share.
    * Revenue was $24.00 thousand​; analysts expected $204.33
thousand. 
    * Loop Industries Inc's reported EPS for the quarter was a
loss
of 2 cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Loop Industries Inc shares had risen by 8.8% this quarter.
    * The company reported a quarterly loss of $1.01 million.
    * Wall Street's median 12-month price target for Loop
Industries
Inc is $13.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
12 at 10:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2022      -0.21          -0.16          Beat
 Aug. 31 2022      -0.22          -0.16          Beat
 May. 31 2022      -0.23          -0.38          Missed
 Feb. 28 2022      -0.20          -0.30          Missed