Liquidity Services (NASDAQ:LQDT) Issues Q4 2024 Earnings Guidance

Liquidity Services (NASDAQ:LQDT) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided EPS guidance of 0.250-0.320 for the period, compared to the consensus EPS estimate of 0.250. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

LQDT has been the subject of a number of analyst reports. Barrington Research restated an outperform rating and set a $27.00 price objective on shares of Liquidity Services in a research report on Monday. StockNews.com raised shares of Liquidity Services from a buy rating to a strong-buy rating in a report on Monday, May 13th.

Liquidity Services Stock Up 2.5 %

Liquidity Services stock traded up $0.51 during mid-day trading on Thursday, hitting $20.59. The company’s stock had a trading volume of 5,026 shares, compared to its average volume of 120,953. The stock has a market capitalization of $627.62 million, a P/E ratio of 30.89 and a beta of 1.35. Liquidity Services has a twelve month low of $13.99 and a twelve month high of $22.87. The stock’s fifty day moving average price is $20.16 and its two-hundred day moving average price is $18.67.

Liquidity Services (NASDAQ:LQDT) last issued its earnings results on Thursday, May 9th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. Liquidity Services had a return on equity of 18.51% and a net margin of 6.30%. The business had revenue of $91.45 million for the quarter. During the same quarter in the previous year, the firm earned $0.20 earnings per share.

About Liquidity Services

Liquidity Services, Inc provides e-commerce marketplaces, self-directed auction listing tools, and value-added services in the United States and internationally. The company operates through four segments: GovDeals, Retail Supply Chain Group (RSCG), Capital Assets Group (CAG), and Machinio. Its marketplaces include liquidation.com that enable corporations to sell surplus and salvage consumer goods and retail capital assets; GovDeals marketplace, which provides self-directed service solutions in which sellers list their own assets that enables local and state government entities, and commercial businesses located in the United States and Canada to sell surplus and salvage assets; and AllSurplus, a centralized marketplace that connects global buyer base with assets from across the network of marketplaces in a single destination.