When I was management, I would pre-accounce 1.5-1.8, to set a first point. This is hopefully the announcement they made months ago.
Next week, I really hope they will raise this guidiance and reach 2.0! This would be great and you will beat everything! When they announce 1.5, this is really disappointing. But you are right, normally LPI is doing something like this.
LPI Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held