How did LOOP's Q4 2024 earnings surprise impact its stock?

Loop Industries' (LOOP) Q4 2024 earnings report revealed a significant negative surprise, with the company's earnings per share (EPS) missing expectations by a substantial 207.5%. This marked a sharp decline from the prior quarter's earnings, which had seen a modest increase of 1.4%. The latest earnings shock was accompanied by a corresponding drop in the company's stock price, with LOOP shares experiencing a 7.11% decrease on the news.

|code|Ticker|Name|Date|Revenue Surprise|Percentage Change|market_code|
|---|---|---|---|---|---|---|
|LOOP|LOOP.O|Loop Industries|20241001||-3.2609|185|
|LOOP|LOOP.O|Loop Industries|20241002||0.5618|185|
|LOOP|LOOP.O|Loop Industries|20241003||-6.7039|185|
|LOOP|LOOP.O|Loop Industries|20241004||0.5988|185|
|LOOP|LOOP.O|Loop Industries|20241007||5.3571|185|
|LOOP|LOOP.O|Loop Industries|20241008||-0.565|185|
|LOOP|LOOP.O|Loop Industries|20241009||-2.8409|185|
|LOOP|LOOP.O|Loop Industries|20241010||2.924|185|
|LOOP|LOOP.O|Loop Industries|20241011||5.1136|185|
|LOOP|LOOP.O|Loop Industries|20241014||0.5405|185|