Liquidity Services (LQDT) Updates Q1 Earnings Guidance
Liquidity Services (NASDAQ:LQDT) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $(0.34)-(0.25) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.16).
Liquidity Services (NASDAQ LQDT) traded up $0.05 during midday trading on Tuesday, reaching $5.85. 58,300 shares of the company’s stock were exchanged, compared to its average volume of 114,025. Liquidity Services has a 12 month low of $5.20 and a 12 month high of $10.50.
LQDT has been the topic of a number of recent analyst reports. ValuEngine upgraded shares of Liquidity Services from a strong sell rating to a sell rating in a research note on Friday, September 1st. Zacks Investment Research upgraded shares of Liquidity Services from a sell rating to a hold rating in a research note on Wednesday, October 4th.
TRADEMARK VIOLATION NOTICE: This piece of content was published by American Banking News and is owned by of American Banking News. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/05/liquidity-services-lqdt-updates-q1-earnings-guidance.html.
About Liquidity Services
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.
Receive News & Ratings for Liquidity Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liquidity Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.