Earnings Outlook For Loop Media
Portfolio Pulse from Benzinga Insights
Loop Media (AMEX:LPTV) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $-0.10. The company's past earnings performance shows a mixed impact on its stock price, with a notable 38.29% drop after missing EPS estimates last quarter. Shares are currently trading at $0.6772, reflecting an 89.05% decrease over the last year. Investors are looking for positive guidance for the next quarter.
February 05, 2024 | 9:01 pm
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Loop Media is expected to report an EPS of $-0.10 for the upcoming quarter. Historical data shows significant stock price volatility post-earnings announcements, especially after misses.
Given Loop Media's history of stock price volatility following earnings reports, especially after missing EPS estimates, the upcoming earnings announcement is crucial. However, the exact impact is uncertain due to mixed past performance and the current low stock price, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100