LeddarTech (LDTC) Expected to Announce Quarterly Earnings on Wednesday

LeddarTech (NASDAQ:LDTC) will likely be announcing its earnings results before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of ($0.24) per share for the quarter.

LeddarTech (NASDAQ:LDTC) last posted its quarterly earnings data on Wednesday, December 18th. The company reported ($0.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.03). On average, analysts expect LeddarTech to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

LeddarTech Price Performance

Shares of LeddarTech stock opened at $0.92 on Tuesday. The business has a 50 day simple moving average of $1.10 and a two-hundred day simple moving average of $0.64. The stock has a market capitalization of $26.47 million, a P/E ratio of -0.06 and a beta of -1.75. LeddarTech has a 12 month low of $0.22 and a 12 month high of $4.35.

Wall Street Analyst Weigh In

Separately, Roth Mkm increased their target price on shares of LeddarTech from $1.00 to $3.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th.

About LeddarTech

LeddarTech Holdings Inc provides AI-based fusion and perception software solutions for advanced driver assistance solutions and autonomous driving applications in Canada. It offers LeddarVision, a raw sensor fusion and perception platform for automotive and off-road industrial vehicles. The company was founded in 2007 and is based in Quebec City, Canada.