Loop Industries, Inc. (LOOP) Reports Q1 Loss, Beats Revenue Estimates

Group 1: Financial Performance - Loop Industries reported a quarterly loss of $0.07 per share, consistent with the Zacks Consensus Estimate, compared to a loss of $0.11 per share a year ago [1] - The company posted revenues of $0.25 million for the quarter ended May 2025, exceeding the Zacks Consensus Estimate by 26.00%, and a significant increase from $0.01 million in the same quarter last year [2] - Over the last four quarters, Loop Industries has surpassed consensus EPS estimates three times [1] Group 2: Stock Performance and Outlook - Loop Industries shares have increased approximately 6.7% since the beginning of the year, slightly outperforming the S&P 500's gain of 6.6% [3] - The company's earnings outlook will be crucial for future stock performance, with current consensus EPS estimates at -$0.07 for the coming quarter and -$0.19 for the current fiscal year [4][7] - The estimate revisions trend for Loop Industries was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Group 3: Industry Context - The Technology Services industry, to which Loop Industries belongs, is currently in the top 25% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Another company in the same industry, Amprius Technologies, is expected to report a quarterly loss of $0.09 per share, with revenues projected to be $12.88 million, reflecting a year-over-year increase of 284.5% [9]