LQR House Inc. to Post FY2024 Earnings of ($1.70) Per Share, Litchfield Hills Research Forecasts (NASDAQ:LQR)

LQR House Inc. (NASDAQ:LQR) – Litchfield Hills Research reduced their FY2024 earnings estimates for LQR House in a research report issued to clients and investors on Thursday, September 12th. Litchfield Hills Research analyst T. O’neill now expects that the company will earn ($1.70) per share for the year, down from their previous forecast of ($1.69). The consensus estimate for LQR House’s current full-year earnings is ($1.69) per share.

LQR House Stock Performance

Shares of LQR opened at $0.59 on Monday. LQR House has a 12 month low of $0.53 and a 12 month high of $29.00. The stock has a fifty day moving average price of $0.70 and a 200 day moving average price of $1.05.

LQR House (NASDAQ:LQR) last posted its earnings results on Tuesday, August 13th. The company reported ($0.44) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.01). The company had revenue of $0.56 million for the quarter, compared to the consensus estimate of $0.56 million. LQR House had a negative net margin of 907.47% and a negative return on equity of 152.13%.

LQR House Company Profile

LQR House Inc provides digital marketing and brand development services for the alcoholic beverage business in the United States. Its primary business includes the development of limited batch spirit brands and marketing internal and external brands through its CWS Platform. The company serves individual consumers, wholesalers, and third-party alcohol brands.