Loblaw Companies (LBLCF) to Release Earnings on Thursday

Loblaw Companies (OTCMKTS:LBLCF) is expected to be posting its resultson Thursday, July 30th. Analysts expect Loblaw Companies to post earnings of $0.4542 per share and revenue of $10.6135 billion for the quarter.

Loblaw Companies (OTCMKTS:LBLCF) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The firm had revenue of $10.41 billion during the quarter, compared to analyst estimates of $10.47 billion. Loblaw Companies had a net margin of 4.25% and a return on equity of 25.89%.

Loblaw Companies Stock Performance

Shares of LBLCF opened at $46.13 on Thursday. Loblaw Companies has a 1 year low of $38.08 and a 1 year high of $50.29. The company’s 50 day simple moving average is $45.53 and its 200 day simple moving average is $45.92. The company has a market capitalization of $53.35 billion and a price-to-earnings ratio of 35.21. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.61 and a current ratio of 1.09.

Loblaw Companies Company Profile

Loblaw Companies Limited is Canada’s largest food and pharmacy retailer, operating a network of more than 2,400 corporate and franchise stores across every province and territory. Its grocery banners include Loblaws, No Frills, Real Canadian Superstore and Zehrs, while its joint venture with George Weston Limited underpins a portfolio of hard-discount and premium formats. Loblaw maintains its headquarters in Brampton, Ontario, and its shares trade on the Toronto Stock Exchange, with American depositary receipts quoted on OTCMKTS under the symbol LBLCF.

In addition to conventional grocery retailing, Loblaw provides pharmacy services through its Shoppers Drug Mart chain, one of Canada’s leading health and beauty networks.