Loomis (LOIMF) to Post Earnings on Friday

Loomis (OTCMKTS:LOIMF – Get Free Report) is anticipated to post its resultson Friday, July 24th. Analysts expect Loomis to announce earnings of $0.8850 per share and revenue of $799.6180 million for the quarter.

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

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Loomis Price Performance

LOIMF opened at $47.50 on Wednesday. Loomis has a twelve month low of $36.30 and a twelve month high of $48.70. The company has a quick ratio of 1.11, a current ratio of 1.17 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average price of $47.02 and a 200-day moving average price of $45.97. The stock has a market capitalization of $3.18 billion, a price-to-earnings ratio of 17.53 and a beta of -0.89.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Loomis to a “neutral” rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Loomis has an average rating of “Hold”.

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Loomis Company Profile

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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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