Loop Industries, Inc. (NASDAQ:LOOP – Free Report) – Stock analysts at Roth Capital reduced their FY2025 earnings per share estimates for Loop Industries in a report issued on Monday, July 22nd. Roth Capital analyst G. Sweeney now expects that the financial services provider will earn ($0.33) per share for the year, down from their previous estimate of ($0.24). The consensus estimate for Loop Industries’ current full-year earnings is ($0.24) per share. Roth Capital also issued estimates for Loop Industries’ FY2026 earnings at ($0.27) EPS and FY2028 earnings at $1.05 EPS.
Loop Industries (NASDAQ:LOOP – Get Free Report) last released its earnings results on Monday, July 15th. The financial services provider reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.02). Loop Industries had a negative return on equity of 118.35% and a negative net margin of 14,713.74%. The firm had revenue of $0.01 million during the quarter.
Loop Industries Stock Performance
Hedge Funds Weigh In On Loop Industries
An institutional investor recently bought a new position in Loop Industries stock. Williams & Novak LLC purchased a new position in Loop Industries, Inc. (NASDAQ:LOOP – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,000 shares of the financial services provider’s stock, valued at approximately $38,000. 4.89% of the stock is currently owned by institutional investors and hedge funds.
Loop Industries Company Profile
Loop Industries, Inc, a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks.
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