Maple Leaf Foods (MFI) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS
Maple Leaf Foods (TSE:MFI) issued its quarterly earnings data on Friday. The company reported ($0.13) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.12) by $0.01, American Banking News reports.
MFI has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Maple Leaf Foods from C$18.00 to C$21.00 in a research note on Thursday, July 24th. They now have a “sector perform” rating on the stock. Analysts at TD Securities raised their price target on shares of Maple Leaf Foods from C$21.00 to C$23.00 in a research note on Wednesday, June 4th. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of C$18.83.
Shares of Maple Leaf Foods (TSE:MFI) opened at 19.67 on Friday. Maple Leaf Foods has a 52-week low of $12.76 and a 52-week high of $20.81. The stock’s 50-day moving average is $20.05 and its 200-day moving average is $17.75. The company has a market cap of $2.758 billion and a price-to-earnings ratio of 7.38.
Maple Leaf Foods Inc, is a Canada-based meat, meals and bakery company. It has operations in Canada, the United States, Europe and Asia.
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