Loop Industries (LOOP) Set to Post Quarterly Earnings on Thursday

Loop Industries (NASDAQ:LOOP) is anticipated to announce its Q2 2027 results after the market closes on Thursday, October 15th. Analysts expect Loop Industries to announce earnings of ($0.0550) per share and revenue of $0.31 million for the quarter. Individuals can check the company’s upcoming Q2 2027 earnings report for the latest details on the call scheduled for Friday, October 16, 2026 at 8:45 AM ET.

Loop Industries (NASDAQ:LOOP) last issued its earnings results on Tuesday, July 14th. The financial services provider reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.02). The firm had revenue of $0.18 million for the quarter, compared to analyst estimates of $0.54 million. On average, analysts expect Loop Industries to post ($0.22) EPS for the current fiscal year and ($0.08) EPS for the next fiscal year.

Loop Industries Trading Down 11.5%

Shares of Loop Industries stock opened at $0.36 on Wednesday. The firm’s 50-day simple moving average is $0.52 and its 200-day simple moving average is $0.92. Loop Industries has a twelve month low of $0.34 and a twelve month high of $1.99.

Insider Buying and Selling at Loop Industries

In other news, Director Jeffrey Richart Geygan bought 62,895 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was bought at an average price of $0.75 per share, for a total transaction of $47,171.25. Following the completion of the purchase, the director owned 3,301,474 shares of the company’s stock, valued at approximately $2,476,105.50. The trade was a 1.94% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have purchased a total of 123,495 shares of company stock worth $89,322 over the last three months. Company insiders own 49.70% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Loop Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Loop Industries Company Profile

Loop Industries, Inc (NASDAQ:LOOP) is a technology company focused on the sustainable recycling of polyethylene terephthalate (PET) plastic and polyester fiber. Its proprietary technology is designed to break down PET waste, including materials that are difficult to recycle through conventional mechanical processes, into its basic chemical components.

The company’s process uses depolymerization to convert PET waste into dimethyl terephthalate (DMT) and monoethylene glycol (MEG). These materials can be used to produce new PET plastic and polyester products that are intended to have quality comparable to those made from virgin materials.