Liquidity Services, Inc. (NASDAQ:LQDT) – Barrington Research reduced their FY2017 EPS estimates for Liquidity Services in a research report issued to clients and investors on Tuesday. Barrington Research analyst G. Prestopino now anticipates that the business services provider will earn ($1.08) per share for the year, down from their previous estimate of ($1.04). Barrington Research also issued estimates for Liquidity Services’ Q4 2017 earnings at ($0.30) EPS, Q1 2018 earnings at ($0.16) EPS, Q2 2018 earnings at ($0.10) EPS, Q3 2018 earnings at ($0.11) EPS and Q4 2018 earnings at ($0.14) EPS.

Liquidity Services (NASDAQ:LQDT) last posted its quarterly earnings data on Thursday, August 3rd. The business services provider reported ($0.22) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.25) by $0.03. Liquidity Services had a negative return on equity of 16.59% and a negative net margin of 27.52%. The company had revenue of $65.50 million during the quarter, compared to analyst estimates of $79.56 million. During the same quarter last year, the company earned $0.07 EPS. The firm’s revenue for the quarter was down 23.1% on a year-over-year basis.

COPYRIGHT VIOLATION NOTICE: “Equities Analysts Offer Predictions for Liquidity Services, Inc.’s FY2017 Earnings (NASDAQ:LQDT)” was reported by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://www.dailypolitical.com/2017/08/11/equities-analysts-offer-predictions-for-liquidity-services-inc-s-fy2017-earnings-nasdaqlqdt.html.

Other research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Liquidity Services from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. Robert W. Baird reaffirmed a “neutral” rating on shares of Liquidity Services in a research note on Monday, July 3rd. Finally, ValuEngine raised shares of Liquidity Services from a “strong sell” rating to a “sell” rating in a research note on Friday, June 2nd.

Liquidity Services (LQDT) traded down 0.82% on Friday, reaching $6.05. The company had a trading volume of 35,521 shares. Liquidity Services has a 52 week low of $5.93 and a 52 week high of $11.49. The stock’s 50-day moving average is $6.43 and its 200-day moving average is $7.40. The company’s market capitalization is $190.59 million.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LQDT. Arizona State Retirement System raised 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. Texas Permanent School Fund raised its position in Liquidity Services by 1.2% in the second quarter. Texas Permanent School Fund now owns 17,931 shares of the business services provider’s stock worth $114,000 after buying an additional 204 shares during the period. Prudential Financial Inc. raised 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 period. Schwab Charles Investment Management Inc. raised its position in Liquidity Services by 0.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 98,702 shares of the business services provider’s stock worth $627,000 after buying an additional 513 shares during the period. Finally, Thrivent Financial For Lutherans raised 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 period. 66.26% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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.