Loma Negra Compania Industrial Argentina (NYSE:LOMA) Releases Quarterly Earnings Results, Beats Expectations By $998.95 EPS

Key Points

• EPS surprise: The company reported quarterly EPS of $999.00, beating the consensus of $0.05 by $998.95 — an anomalous, outsized result despite modest underlying profitability (ROE 2.25%, net margin 2.97%).
• Shares fell $0.10 to $10.52 on the day, with a market cap of $1.23 billion and a high trailing PE of 65.72; the 12‑month range is $7.04–$14.17.
• Business and ownership: Loma Negra is Argentina’s leading cement producer, and institutional investors hold about 19.32% of the stock after several funds recently initiated or increased positions.

Loma Negra Compania Industrial Argentina (NYSE:LOMA - Get Free Report) posted its quarterly earnings data on Monday. The company reported $999.00 earnings per share for the quarter, beating the consensus estimate of $0.05 by $998.95, reports. Loma Negra Compania Industrial Argentina had a return on equity of 2.25% and a net margin of 2.97%.

Loma Negra Compania Industrial Argentina Stock Performance

Shares of LOMA stock traded down $0.10 during trading hours on Monday, hitting $10.52. The stock had a trading volume of 278,463 shares, compared to its average volume of 361,192. The firm has a market capitalization of $1.23 billion, a PE ratio of 65.72 and a beta of 0.74. Loma Negra Compania Industrial Argentina has a twelve month low of $7.04 and a twelve month high of $14.17. The stock's 50 day moving average is $10.82 and its 200 day moving average is $11.26. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.44 and a quick ratio of 0.48.

Institutional Investors Weigh In On Loma Negra Compania Industrial Argentina

Several large investors have recently modified their holdings of LOMA. Van ECK Associates Corp acquired a new stake in shares of Loma Negra Compania Industrial Argentina in the third quarter valued at approximately $28,000. Mangrove Partners IM LLC acquired a new stake in shares of Loma Negra Compania Industrial Argentina in the fourth quarter valued at approximately $201,000. Dodge & Cox boosted its holdings in shares of Loma Negra Compania Industrial Argentina by 17.0% in the third quarter. Dodge & Cox now owns 36,400 shares of the company's stock valued at $268,000 after acquiring an additional 5,300 shares during the period. Engineers Gate Manager LP boosted its holdings in shares of Loma Negra Compania Industrial Argentina by 35.3% in the second quarter. Engineers Gate Manager LP now owns 24,773 shares of the company's stock valued at $272,000 after acquiring an additional 6,463 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Loma Negra Compania Industrial Argentina by 144.9% in the third quarter. Millennium Management LLC now owns 45,318 shares of the company's stock valued at $334,000 after acquiring an additional 26,810 shares during the period. 19.32% of the stock is owned by institutional investors and hedge funds.

Loma Negra Compania Industrial Argentina Company Profile

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company's product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.

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