Equities research analysts expect LightPath Technologies, Inc. (NASDAQ:LPTH) to announce earnings per share (EPS) of $0.01 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for LightPath Technologies’ earnings. The lowest EPS estimate is $0.00 and the highest is $0.02. LightPath Technologies reported earnings of $0.24 per share during the same quarter last year, which indicates a negative year over year growth rate of 95.8%. The business is scheduled to issue its next earnings report on Thursday, September 13th.
According to Zacks, analysts expect that LightPath Technologies will report full-year earnings of $0.07 per share for the current fiscal year, with EPS estimates ranging from $0.04 to $0.09. For the next year, analysts expect that the company will post earnings of $0.11 per share, with EPS estimates ranging from $0.07 to $0.15. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for LightPath Technologies.
LightPath Technologies (NASDAQ:LPTH) last released its quarterly earnings data on Thursday, September 13th. The technology company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.04). LightPath Technologies had a return on equity of 26.31% and a net margin of 24.61%.
Shares of NASDAQ:LPTH remained flat at $$2.09 during mid-day trading on Monday. The company had a trading volume of 363,465 shares, compared to its average volume of 126,299. The stock has a market cap of $54.81 million, a P/E ratio of 6.66, a P/E/G ratio of 1.09 and a beta of -0.99. The company has a current ratio of 3.66, a quick ratio of 2.47 and a debt-to-equity ratio of 0.16. LightPath Technologies has a 1-year low of $1.97 and a 1-year high of $4.10.
LightPath Technologies Company Profile
LightPath Technologies, Inc designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light.
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