Litchfield Hills Research Comments on LQR House Inc.’s FY2024 Earnings (NASDAQ:LQR)

LQR House Inc. (NASDAQ:LQR) – Research analysts at Litchfield Hills Research decreased their FY2024 earnings per share (EPS) estimates for LQR House in a report issued on Thursday, September 12th. Litchfield Hills Research analyst T. O’neill now forecasts that the company will post earnings of ($1.70) per share for the year, down from their prior estimate of ($1.69). The consensus estimate for LQR House’s current full-year earnings is ($1.69) per share.

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

LQR House Price Performance

Shares of LQR stock opened at $0.59 on Monday. The company has a market cap of $2.75 million and a price-to-earnings ratio of -0.42. The stock has a 50 day simple moving average of $0.70 and a 200-day simple moving average of $1.04. LQR House has a 1-year low of $0.53 and a 1-year high of $27.52.

About LQR House

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.