Loop Industries Inc expected to post a loss of 7 cents a share - Earnings Preview
Loop Industries Inc
LOOP is expected to show a rise in quarterly revenue when it reports results on July 14 (estimated) for the period ending May 31 2025The Terrebonne Quebec-based company is expected to report a 20,516.7% increase in revenue to $1.237 million from $6 thousand a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Loop Industries Inc is for a loss of 7 cents per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Loop Industries Inc is $3.00, about 63.7% above its last closing price of $1.09
