Loop Industries Missed Consensus Estimates

Loop Industries (LOOP) reported a loss of $0.07 per share on revenue of $0.18 million for the fiscal first quarter ended May 2026. The consensus estimate was a loss of $0.05 per share on revenue of $0.90 million. The company missed consensus estimates by 40.00% while revenue fell 28.97% compared to the same quarter a year ago.

Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels.