Loop Media, Inc. (NYSEAMERICAN:LPTV – Loose File) – Equities analysis analysts at Roth Capital boosted their Q2 2024 income in keeping with proportion (EPS) estimates for Loop Media in a record issued on Wednesday, February seventh. Roth Capital analyst D. Aftahi now forecasts that the corporate will submit income of ($0.10) in keeping with proportion for the quarter, up from their prior forecast of ($0.11). The consensus estimate for Loop Media’s present full-year income is ($0.41) in keeping with proportion. Roth Capital additionally issued estimates for Loop Media’s Q3 2024 income at ($0.09) EPS, This autumn 2024 income at ($0.08) EPS, FY2024 income at ($0.34) EPS, Q1 2025 income at ($0.06) EPS, Q2 2025 income at ($0.08) EPS, Q3 2025 income at ($0.07) EPS, This autumn 2025 income at ($0.05) EPS and FY2025 income at ($0.26) EPS.

Loop Media (NYSEAMERICAN:LPTV – Get Loose File) closing issued its quarterly income effects on Tuesday, February sixth. The corporate reported ($0.08) income in keeping with proportion (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) through $0.03. Loop Media had a damaging go back on fairness of three,575.65% and a damaging internet margin of 118.54%. The company had income of $10.17 million for the quarter, in comparison to analyst estimates of $9.54 million.

Loop Media Inventory Efficiency

Stocks of NYSEAMERICAN LPTV opened at $0.64 on Friday. Loop Media has a 12-month low of $0.25 and a 12-month top of $6.59.

Institutional Buying and selling of Loop Media

A number of hedge finances have just lately made adjustments to their positions within the corporate. Leading edge Staff Inc. larger its place in stocks of Loop Media through 3.3% all through the third quarter. Leading edge Staff Inc. now owns 2,257,605 stocks of the corporate’s inventory price $1,122,000 after buying an extra 72,085 stocks all through the closing quarter. BlackRock Inc. larger its place in stocks of Loop Media through 382.5% all through the second one quarter. BlackRock Inc. now owns 2,093,234 stocks of the corporate’s inventory valued at $5,003,000 after obtaining an extra 1,659,386 stocks all through the closing quarter. Geode Capital Control LLC raised its stake in stocks of Loop Media through 211.7% within the 2d quarter. Geode Capital Control LLC now owns 675,014 stocks of the corporate’s inventory valued at $1,613,000 after obtaining an extra 458,431 stocks all through the duration. State Side road Corp boosted its place in stocks of Loop Media through 1,703.6% all through the 2d quarter. State Side road Corp now owns 643,409 stocks of the corporate’s inventory price $1,538,000 after buying an extra 607,736 stocks all through the duration. After all, Northern Accept as true with Corp larger its holdings in Loop Media through 468.7% within the 2d quarter. Northern Accept as true with Corp now owns 293,392 stocks of the corporate’s inventory valued at $701,000 after buying an extra 241,801 stocks all through the closing quarter. Hedge finances and different institutional buyers personal 11.67% of the corporate’s inventory.

About Loop Media

(Get Loose File)

Loop Media, Inc operates as a multichannel virtual video platform media corporate in the US. The corporate gives hand-curated track video content material authorized from main and unbiased document labels, together with Common Track Staff, Sony Track Leisure, and Warner Track Staff; and non-music video content material, which is authorized or received from 3rd events, akin to motion sports activities clips, drone and atmospheric photos, minutiae, information headlines, way of life channels, and kid-friendly movies, in addition to film, tv and online game trailers, and different content material.

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