Loop Industries, Inc. came out with a quarterly loss of $0.07 per share in line with the Zacks Consensus Estimate.
This compares to a loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced earnings of $0.14, delivering a surprise of +255.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Loop Industries, which belongs to the Zacks Technology Services industry, posted revenues of $0.25 million for the quarter ended May 2025, surpassing the Zacks Consensus Estimate by 26.00%. This compares to year-ago revenues of $0.01 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.
Loop Industries shares have added about 6.7% since the beginning of the year versus the S&P 500’s gain of 6.6%.
