Liquidity Services (NASDAQ:LQDT) issued an update on its fourth quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $-0.11–0.04 for the period, compared to the Thomson Reuters consensus estimate of $-0.08.
Liquidity Services stock opened at $7.37 on Friday. The business has a 50 day moving average of $6.11. Liquidity Services has a one year low of $5.17 and a one year high of $9.16.
Liquidity Services (NASDAQ:LQDT) last posted its quarterly earnings data on Thursday, August 1st. The business services provider reported ($0.05) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.02. The company had revenue of $56.88 million for the quarter, compared to analyst estimates of $52.17 million. Liquidity Services had a negative return on equity of 8.02% and a negative net margin of 7.50%. Analysts predict that Liquidity Services will post -0.39 EPS for the current year.
Liquidity Services Company Profile
Liquidity Services, Inc provides e-commerce marketplace that enable buyers and sellers to transact in an automated environment offering approximately 500 product categories. The company's 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.
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