Investing.com - Loop Industries reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Loop Industries announced earnings per share of $-0.16 on revenue of $135.40. Analysts polled by Investing.com anticipated EPS of $-0.22 on revenue of $87.67K.
Loop Industries shares are down 7.17% from the beginning of the year and are trading at $4.16 , down-from-52-week-high.
Loop Industries follows other major Materials sector earnings this month
Loop Industries's report follows an earnings beat by PPG Industries on Thursday, July 21, 2022, who reported EPS of $1.81 on revenue of $4.69B, compared to forecasts EPS of $1.73 on revenue of $4.67B.
RPM had beat expectations on Wednesday, October 5, 2022 with first quarter EPS of $1.47 on revenue of $1.93B, compared to forecast for EPS of $1.33 on revenue of $1.89B.
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