Liquidity Services, Inc. (NASDAQ:LQDT) is expected to report fourth quarter earnings results, before market open, on Tuesday 8th December 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.01 per share.
Looking ahead, the full year loss are expected at $ 0.15 per share on the revenues of $ 203.56 million.
Previous Quarter Performance
Liquidity Services, Inc. unfold income for the third quarter of $ 0.05 per share, from the revenue of $ 47.72 million. The quarterly revenues dropped 16.10 percent compared with the same quarter last year. Street analysts expected Liquidity Services, Inc. to report loss of $ 0.15 per share on revenue of $ 40.65 million for the third quarter. The bottom line results beat street analysts by $ 0.2 or 133.33 percent, at the same time, top line results outshined analysts by $ 7.07 million or 17.39 percent.
Stock Performance
Shares of Liquidity Services, Inc. traded up $ 0.56 or 5.62 percent on Monday, reaching $ 10.53 with volume of 335.70 thousand shares. Liquidity Services, Inc. has traded high as $ 10.85 and has cracked $ 10.01 on the downward trend
According to the previous trading day, closing price of $ 10.53, representing a 231.23 % increase from the 52 week low of $ 3.01 and a 12.08 % decrease over the 52 week high of $ 11.34.
The company has a market capital of $ 358.49 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Liquidity Services, Inc. will be hosting a conference call at 10:30 AM eastern time on 8th December 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (888) 771-4371 Toll Free, (United States) or (847) 585-4405 Toll Number, and the passcode is 49992969 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.liquidityservices.com
Liquidity Services, Inc. provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The companys marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and capital assets; govdeals.com that enables local and state government entities, including city, county, and state agencies to sell surplus and salvage assets, as well as offers a suite of services that includes asset sales and marketing, and seller self-service; and auctiondeals.com, a self-service solution, which enable sellers list their own assets, and enable commercial businesses to sell surplus and salvage assets.
