Loomis (LOIMF) to Announce Earnings on Friday

Loomis (OTCMKTS:LOIMF) will likely be releasing its resultson Friday, July 24th. Analysts expect Loomis to post earnings of $0.8850 per share and revenue of $799.6180 million for the quarter.

Loomis (OTCMKTS:LOIMF) last released its earnings results on Thursday, May 7th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.12. The company had revenue of $788.05 million for the quarter, compared to analysts’ expectations of $784.64 million. Loomis had a net margin of 5.72% and a return on equity of 14.10%.

Loomis Stock Performance

Shares of Loomis stock opened at $47.50 on Friday. The company has a market capitalization of $3.18 billion, a P/E ratio of 17.53 and a beta of -0.89. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.11 and a current ratio of 1.17. The company has a fifty day moving average of $46.96 and a 200 day moving average of $45.88. Loomis has a fifty-two week low of $36.30 and a fifty-two week high of $48.70.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Loomis to a “neutral” rating in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Loomis Company Profile

Loomis AB (OTCMKTS: LOIMF) is a Swedish security company specializing in cash handling and secure logistics services. Headquartered in Stockholm, the company offers comprehensive solutions for the transportation, processing and management of banknotes, coins and other valuables. Its services are designed to support financial institutions, retailers, wholesalers and public sector organizations in maintaining secure and efficient cash operations.

The company’s core activities include cash-in-transit (CIT) operations, ATM servicing, cash processing at high-security vaults and end-to-end cash management.