Research Analysts Set Expectations for Loop Industries, Inc.’s FY2025 Earnings (NASDAQ:LOOP)

Loop Industries, Inc. (NASDAQ:LOOP) – Cormark issued their FY2025 EPS estimates for Loop Industries in a report released on Monday, September 30th. Cormark analyst N. Boychuk forecasts that the financial services provider will post earnings of ($0.22) per share for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Loop Industries’ current full-year earnings is ($0.33) per share. Cormark also issued estimates for Loop Industries’ FY2026 earnings at ($0.22) EPS and FY2027 earnings at $0.11 EPS.

Loop Industries (NASDAQ:LOOP) last released its quarterly 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). The company had revenue of $0.01 million for the quarter. Loop Industries had a negative net margin of 14,713.74% and a negative return on equity of 118.35%.

Loop Industries Stock Down 6.7 %

Shares of NASDAQ:LOOP opened at $1.67 on Wednesday. The business’s 50 day moving average is $1.59 and its 200 day moving average is $2.20. Loop Industries has a 12-month low of $1.17 and a 12-month high of $4.70. The stock has a market cap of $79.39 million, a price-to-earnings ratio of -4.07 and a beta of 1.47. The company has a quick ratio of 1.93, a current ratio of 1.96 and a debt-to-equity ratio of 0.60.

About Loop Industries

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.