Loop Industries Inc (LOOP) reports earnings on October 13. Lets take a closer look at how the stock is currently trading.
Analysts think Loop Industries Inc will clock in with an EPS (earnings per share) of -$0.22,
EPS GAAP Estimate of -$0.22, on Revenue Estimate of $65.75K. Over the last 90 days, analysts have lowered estimates 2 times.
LOOP bulls will first be listening for news that the company beat the analysts' estimates. After that they'll want to hear that the company beat these expectations with robust revenues that were higher than expected. Finally they'll want to hear about a positive growth story that helps analysts frame the company's future as one of growth in the following quarters.
Bears, on the other hand, will look to pounce if the company misses on EPS, Revenues, or future guidance. They will look to push a negative growth story for the stock in the coming quarters, and will gain more traction in a generally down market as opposed a market that is generally trending upwards.
If you're new to playing earnings reports, it's important to be aware that sometimes the majority of a stock's price movement can be caused by a change in the analysts' estimates based on the Q&A from the conference call with management discussing the earnings report, rather than from the earnings report itself. The more of these moves you watch, the better you'll recognize the signs over time.
As of October 05 shares of LOOP are trading at $3.94. Over the last 52-week period, the price is down -78.04%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.