LightPath Technologies, Inc. designs, develops, manufactures, and distributes optical components and assemblies. The company offers precision molded glass aspheric optics, molded and diamond-turned infrared aspheric lenses, and other optical components used to produce products that manipulate light; and infrared products, including catalog and custom infrared optics. Its products are used in defense products, medical devices, laser aided industrial tools, automotive safety applications, barcode scanners, optical data storage, hybrid fiber coax datacom, telecommunications, machine vision and sensors, and other sectors. The company sells its products directly to customers in Europe and Asia. LightPath Technologies, Inc. was founded in 1985 and is headquartered in Orlando, Florida.

LightPath Technologies, Inc.

TTM Technologies (TTMI) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 28.21%. A quarter ago, it was expected that this printed circuit board maker would post earnings of $0.47 per share when it actually produced earnings of $0.60, delivering a surprise of 27.66%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
TTM, which belongs to the Zacks Electronics - Miscellaneous Components industry, posted revenues of $648.67 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.30%. This compares to year-ago revenues of $570.11 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
TTM shares have lost about 17.5% since the beginning of the year versus the S&P 500's decline of -5.5%.
What's Next for TTM?
While TTM has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for TTM: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.49 on $644.39 million in revenues for the coming quarter and $2.03 on $2.59 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Miscellaneous Components is currently in the top 36% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
LightPath Technologies, Inc. (LPTH), another stock in the same industry, has yet to report results for the quarter ended March 2025.
This company is expected to post quarterly loss of $0.05 per share in its upcoming report, which represents a year-over-year change of +28.6%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
LightPath Technologies, Inc.'s revenues are expected to be $9.28 million, up 20.5% from the year-ago quarter.
Should You Invest in TTM Technologies, Inc. (TTMI)?
Before you invest in TTM Technologies, Inc. (TTMI), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
TTM Technologies, Inc. (TTMI) : Free Stock Analysis Report
LightPath Technologies, Inc. (LPTH) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

TTM Technologies (TTMI) Surpasses Q1 Earnings and Revenue Estimates

LightPath Technologies, Inc. (LPTH) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
LightPath Technologies, which belongs to the Zacks Electronics - Miscellaneous Components industry, posted revenues of $8.4 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.75%. This compares to year-ago revenues of $8.08 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
LightPath Technologies shares have added about 27% since the beginning of the year versus the S&P 500's gain of 24.3%.
What's Next for LightPath Technologies?
While LightPath Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for LightPath Technologies: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.04 on $8.28 million in revenues for the coming quarter and -$0.14 on $34.5 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Electronics - Miscellaneous Components is currently in the top 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the broader Zacks Computer and Technology sector, Descartes Systems (DSGX), is yet to report results for the quarter ended October 2024. The results are expected to be released on December 3.
This logistics provider is expected to post quarterly earnings of $0.44 per share in its upcoming report, which represents a year-over-year change of +41.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Descartes Systems' revenues are expected to be $162.98 million, up 12.6% from the year-ago quarter.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
LightPath Technologies, Inc. (LPTH) : Free Stock Analysis Report
The Descartes Systems Group Inc. (DSGX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

LightPath Technologies, Inc. (LPTH) Reports Q1 Loss, Misses Revenue Estimates

The following companies are expected to report earnings after hours on 09/19/2024. Visit our Earnings Calendar for a full list of expected earnings releases.
FedEx Corporation (FDX)is reporting for the quarter ending August 31, 2024. The transportation company's consensus earnings per share forecast from the 9 analysts that follow the stock is $4.82. This value represents a 5.93% increase compared to the same quarter last year. FDX missed the consensus earnings per share in the 4th calendar quarter of 2023 by -3.62%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for FDX is 14.38 vs. an industry ratio of 19.40.
Lennar Corporation (LEN)is reporting for the quarter ending August 31, 2024. The building (residential/commercial) company's consensus earnings per share forecast from the 6 analysts that follow the stock is $3.62. This value represents a 7.42% decrease compared to the same quarter last year. In the past year LEN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 5.63%. Zacks Investment Research reports that the 2024 Price to Earnings ratio for LEN is 13.31 vs. an industry ratio of 12.00, implying that they will have a higher earnings growth than their competitors in the same industry.
MillerKnoll, Inc. (MLKN)is reporting for the quarter ending August 31, 2024. The furniture company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.42. This value represents a 13.51% increase compared to the same quarter last year. In the past year MLKN has beat the expectations every quarter. The highest one was in the 2nd calendar quarter where they beat the consensus by 26.42%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for MLKN is 12.53 vs. an industry ratio of -18.80, implying that they will have a higher earnings growth than their competitors in the same industry.
Research Solutions, Inc (RSSS)is reporting for the quarter ending June 30, 2024. The printing company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.01. This value represents a 200.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for RSSS is 265.00 vs. an industry ratio of 33.60, implying that they will have a higher earnings growth than their competitors in the same industry.
LightPath Technologies, Inc. (LPTH)is reporting for the quarter ending June 30, 2024. The electrical instrument company's consensus earnings per share forecast from the 1 analyst that follows the stock is $-0.04. This value represents a 100.00% decrease compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for LPTH is -6.15 vs. an industry ratio of 24.20.
iPower Inc. (IPW)is reporting for the quarter ending June 30, 2024. The consumer company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.01. This value represents a 110.00% increase compared to the same quarter last year. Zacks Investment Research reports that the 2024 Price to Earnings ratio for IPW is -24.17 vs. an industry ratio of -1.70.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

LightPath Technologies, Inc.

Trend

Trend Class

Trend Power

Pattern

EMA

EMA-20

EMA-50

EMA-100

EMA-20

EMA-50

EMA-100

Oscillators

Stochastic

RSI

MACD

Candle pattern type