Loop IndustriesLOOP stock rose by 1.48% on Monday after the company reported its Q2 earnings results on Friday, October 15, 2021 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Loop Industries missed their estimated earnings by 167.86%, which surprised analysts.
Revenue was down $0 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 6.27% drop in the share price the next day.
Here's a look at Loop Industries's past performance and the resulting price change:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|
| EPS Estimate | 0.28 | -0.29 | -0.19 | -0.10 | |
| EPS Actual | -0.19 | -0.29 | -0.32 | -0.22 | -0.13 |
| Price Change % | -7.39% | -6.27% | 2.48% | 4.84% | -8.08% |
Listen to the earnings announcement yourself by clicking here.
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