Equities research analysts expect that Liquidity Services, Inc. (NASDAQ:LQDT) will post earnings of ($0.25) per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Liquidity Services’ earnings. The highest EPS estimate is ($0.22) and the lowest is ($0.28). The business is expected to announce its next earnings report before the market opens on Thursday, August 3rd.

According to Zacks, analysts expect that Liquidity Services will report full-year earnings of ($0.88) per share for the current year, with EPS estimates ranging from ($1.04) to ($0.73). For the next year, analysts anticipate that the business will post earnings of ($0.34) per share, with EPS estimates ranging from ($0.51) to ($0.18). Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover Liquidity Services.

Liquidity Services (NASDAQ:LQDT) last released its quarterly earnings data on Thursday, May 4th. The business services provider reported ($0.21) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.28) by $0.07. The company had revenue of $72.33 million during the quarter, compared to the consensus estimate of $81.14 million. Liquidity Services had a negative net margin of 22.99% and a negative return on equity of 10.82%. Liquidity Services’s quarterly revenue was down 16.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.04 EPS.

A number of research analysts have commented on the stock. Robert W. Baird reiterated a “neutral” rating on shares of Liquidity Services in a research note on Monday, July 3rd. Zacks Investment Research upgraded shares of Liquidity Services from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, ValuEngine upgraded shares of Liquidity Services from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Arizona State Retirement System increased its position in Liquidity Services by 1.6% in the first quarter. Arizona State Retirement System now owns 12,737 shares of the business services provider’s stock worth $102,000 after buying an additional 200 shares during the period. Prudential Financial Inc. increased its position in Liquidity Services by 0.8% in the first quarter. Prudential Financial Inc. now owns 53,538 shares of the business services provider’s stock worth $428,000 after buying an additional 450 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Liquidity Services by 5.2% in the first quarter. Thrivent Financial For Lutherans now owns 13,770 shares of the business services provider’s stock worth $110,000 after buying an additional 680 shares during the last quarter. Thrivent Financial for Lutherans increased its position in Liquidity Services by 7.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 13,090 shares of the business services provider’s stock worth $128,000 after buying an additional 920 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Liquidity Services by 0.4% in the first quarter. Bank of New York Mellon Corp now owns 262,996 shares of the business services provider’s stock worth $2,104,000 after buying an additional 945 shares during the last quarter. Hedge funds and other institutional investors own 67.22% of the company’s stock.

Shares of Liquidity Services (NASDAQ LQDT) opened at 6.55 on Thursday. The firm’s market cap is $206.23 million. The firm has a 50-day moving average of $6.45 and a 200-day moving average of $7.62. Liquidity Services has a 12-month low of $6.05 and a 12-month high of $11.49.

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Liquidity Services Company Profile

Liquidity Services, Inc operates a network of e-commerce marketplaces that enable buyers and sellers to transact in an automated environment. The Company employs e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government clients. The Company’s marketplaces provide professional buyers access to a global supply of new, surplus and scrap assets presented with digital images and other relevant product information.

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Earnings History and Estimates for Liquidity Services (NASDAQ:LQDT)

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