Hour Loop (HOUR) Projected to Announce Quarterly Earnings on Friday

by · The Markets Daily

Hour Loop (NASDAQ:HOUR – Get Free Report) will likely be posting its results before the market opens on Friday, August 7th. Analysts expect Hour Loop to announce earnings of $0.03 per share and revenue of $29.6650 million for the quarter.

Hour Loop (NASDAQ:HOUR – Get Free Report) last posted its earnings results on Tuesday, May 12th. The company reported $0.02 EPS for the quarter. Hour Loop had a net margin of 1.28% and a return on equity of 25.29%. The business had revenue of $29.93 million for the quarter.

Hour Loop Price Performance

Hour Loop stock opened at $1.83 on Thursday. Hour Loop has a 12-month low of $1.24 and a 12-month high of $6.84. The company has a market capitalization of $64.31 million, a price-to-earnings ratio of 36.56 and a beta of 1.38. The firm’s fifty day moving average price is $1.91 and its 200 day moving average price is $1.94.

Institutional Investors Weigh In On Hour Loop

A hedge fund recently bought a new stake in Hour Loop stock. Virtu Financial LLC bought a new stake in Hour Loop, Inc. (NASDAQ:HOUR – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 14,380 shares of the company’s stock, valued at approximately $26,000. Hedge funds and other institutional investors own 0.31% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Hour Loop from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Hour Loop currently has an average rating of “Hold”.

Get Our Latest Analysis on Hour Loop

Hour Loop Company Profile

(Get Free Report)

Hour Loop, Inc, an online retailer, engages in e-commerce retailing in the United States. The company sells products in various categories, including home/garden décor, toys, kitchenware, apparels, and electronics products. It sells its products through hourloop.com, as well as third-party marketplaces. Hour Loop, Inc was founded in 2013 and is headquartered in Redmond, Washington.

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