Liquidity Services ( LQDT ) came out with quarterly of $0.23 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an surprise of 1,050%. A quarter ago, it was expected that this surplus equipment company would post a loss of $0.15 per share when it actually produced of $0.05, delivering a surprise of 133.33%.