Mullen Group (MLLGF) Projected to Release Quarterly Earnings on Thursday

Mullen Group (OTCMKTS:MLLGF) is anticipated to announce its resultson Thursday, July 23rd. Analysts expect the company to post earnings of $0.2323 per share and revenue of $415.6560 million for the quarter.

Mullen Group Trading Up 4.7%

Shares of Mullen Group stock opened at $17.63 on Thursday. The firm’s 50-day moving average is $15.80 and its two-hundred day moving average is $13.67. Mullen Group has a 1 year low of $8.50 and a 1 year high of $17.63.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on MLLGF shares. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Mullen Group in a research report on Tuesday, June 30th. Royal Bank Of Canada reissued an “outperform” rating on shares of Mullen Group in a report on Friday, April 24th. BMO Capital Markets reissued an “outperform” rating on shares of Mullen Group in a research note on Friday, April 24th. Finally, TD Securities restated a “buy” rating on shares of Mullen Group in a report on Friday, April 24th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

About Mullen Group

Mullen Group Ltd. is a diversified transportation and logistics company headquartered in Okotoks, Alberta. Founded in 1949 as a regional trucking firm, the company has grown through a combination of organic expansion and targeted acquisitions to become one of Canada’s leading asset-based carriers. Mullen Group provides full-service solutions across a range of industries, with a focus on temperature-controlled freight, bulk and specialized haulage, and dedicated contract carriage.

The company operates through several complementary business segments, including truckload and less-than-truckload (LTL) services, logistics and warehousing, courier and parcel delivery, and international freight forwarding.