High Liner Foods (HLF) to Release Quarterly Earnings on Thursday

High Liner Foods (TSE:HLF) is set to issue its quarterly earnings data before the market opens on Thursday, November 8th. Analysts expect the company to announce earnings of C$0.20 per share for the quarter.

High Liner Foods (TSE:HLF) last issued its earnings results on Tuesday, August 14th. The company reported C$0.14 EPS for the quarter, missing the consensus estimate of C$0.33 by C($0.19). The firm had revenue of C$316.60 million during the quarter, compared to analyst estimates of C$351.10 million. High Liner Foods had a return on equity of 9.53% and a net margin of 2.14%.

Shares of HLF opened at C$8.47 on Thursday. High Liner Foods has a 52 week low of C$6.35 and a 52 week high of C$15.67.

In related news, Director Laurie Dean Hennigar acquired 10,000 shares of High Liner Foods stock in a transaction that occurred on Tuesday, August 21st. The stock was acquired at an average price of C$7.31 per share, for a total transaction of C$73,100.00.

HLF has been the subject of several research reports. Royal Bank of Canada decreased their target price on High Liner Foods from C$12.00 to C$8.00 in a research report on Wednesday, August 15th. Cormark decreased their target price on High Liner Foods from C$10.00 to C$7.00 in a research report on Wednesday, August 15th. BMO Capital Markets decreased their target price on High Liner Foods from C$10.75 to C$7.25 in a research report on Wednesday, August 15th. Finally, Beacon Securities lowered High Liner Foods from a “buy” rating to a “hold” rating in a research report on Thursday, August 16th.

About High Liner Foods

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.

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Earnings History for High Liner Foods (TSE:HLF)

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