* Liquidity Services Inc reported quarterly adjusted earnings of 32 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 26 cents. The lone analyst forecast for the quarter was for earnings of 28 cents per share.
* Revenue rose 33.7% to $106.93 million from a year ago; analysts expected $93.05 million.
* Liquidity Services Inc's reported EPS for the quarter was 20 cents.
* The company reported quarterly net income of $6.37 million.
* Liquidity Services Inc shares had risen by 12.9% this quarter and gained 49.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for Liquidity Services Inc is $27.50 This summary was machine generated from LSEG data December 12 at 02:31 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.28 0.32 Beat
Jun. 30 2024 0.26 0.30 Beat
Mar. 31 2024 0.21 0.27 Beat
Dec. 31 2023 0.15 0.14 Missed
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