Loomis (OTCMKTS:LOIMF) Announces Quarterly Earnings Results

Key Points

• EPS beat: Loomis reported $0.86 EPS for the quarter, beating the $0.74 consensus by $0.12, and posted a net margin of 5.19% with a return on equity of 12.88%.
• Stock and valuation: Shares were flat at $46.65 midday, trading near a 1‑year high of $48.70, with a market capitalization of $3.12 billion and a P/E of 19.68.
• Analyst stance: Goldman Sachs downgraded Loomis to "neutral", and the consensus rating remains a Hold.

Loomis (OTCMKTS:LOIMF - Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.74 by $0.12, Zacks reports. Loomis had a net margin of 5.19% and a return on equity of 12.88%.

Loomis Price Performance

OTCMKTS:LOIMF remained flat at $46.65 during mid-day trading on Thursday. Loomis has a 1 year low of $36.30 and a 1 year high of $48.70. The stock has a 50 day moving average price of $46.86 and a two-hundred day moving average price of $43.66. The stock has a market capitalization of $3.12 billion, a price-to-earnings ratio of 19.68 and a beta of -0.92. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.51.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered shares of Loomis to a "neutral" rating in a research note on Monday, April 20th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Loomis currently has a consensus rating of "Hold".

About Loomis

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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