Saputo (SAPIF) Projected to Post Earnings on Thursday

Saputo (OTCMKTS:SAPIF) is expected to release its resultson Thursday, June 4th. Analysts expect Saputo to post earnings of $0.2892 per share and revenue of $3.1812 billion for the quarter.

Saputo Price Performance

Shares of SAPIF opened at $30.20 on Thursday. Saputo has a 52-week low of $18.74 and a 52-week high of $32.49. The business’s 50 day moving average price is $30.14 and its two-hundred day moving average price is $29.84.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SAPIF shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Saputo in a research report on Monday, February 2nd. TD Securities reissued a “buy” rating on shares of Saputo in a research report on Monday, February 9th. BMO Capital Markets reissued a “market perform” rating on shares of Saputo in a research report on Monday, February 9th. Finally, Scotiabank reissued an “outperform” rating on shares of Saputo in a research report on Monday, February 9th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Saputo has a consensus rating of “Moderate Buy”.

About Saputo

Saputo Inc, trading on OTC Markets under the symbol SAPIF, is a Canada‐based dairy processor engaged in the manufacturing, marketing and distribution of a broad array of dairy products. The company’s portfolio spans cheese, fluid milk, cultured products such as yogurt and sour cream, and a range of dairy ingredients including whey proteins and lactose. Headquartered in Montreal, Quebec, Saputo serves both retail consumers and foodservice clients, supplying branded and private‐label offerings in North America and beyond.

Founded in 1954 by the Saputo family, the company has grown from a single cheesemaking facility into one of the world’s largest dairy processors.