Loomis (LOIMF) Expected to Announce Earnings on Thursday

Key Points

• Loomis (OTCMKTS: LOIMF) is expected to report quarterly results on Thursday, May 7, with analysts forecasting $0.741 EPS and $781.0 million in revenue.
• In the prior quarter Loomis missed expectations—reporting $0.31 EPS versus a $0.74 consensus and revenue of $838.38M below estimates—and Goldman Sachs recently downgraded the stock to Neutral, leaving the average analyst rating at Hold.

Loomis (OTCMKTS:LOIMF - Get Free Report) is anticipated to release its resultson Thursday, May 7th. Analysts expect Loomis to post earnings of $0.7410 per share and revenue of $781.0230 million for the quarter.

Loomis (OTCMKTS:LOIMF - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.43). The firm had revenue of $838.38 million during the quarter, compared to analysts' expectations of $857.38 million. Loomis had a net margin of 5.19% and a return on equity of 12.88%.

Loomis Stock Performance

Shares of LOIMF stock opened at $46.65 on Thursday. The firm has a 50-day moving average of $47.02 and a 200-day moving average of $43.55. The company has a market cap of $3.34 billion, a P/E ratio of 19.68 and a beta of -1.57. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.11 and a quick ratio of 1.06. Loomis has a one year low of $36.30 and a one year high of $48.70.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of Loomis to a "neutral" rating in a report on Monday, April 20th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average 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.

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