Loomis (OTCMKTS:LOIMF) Posts Quarterly Earnings Results, Beats Expectations By $0.09 EPS

Loomis (OTCMKTS:LOIMF – Get Free Report) issued its quarterly earnings data on Friday. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.09, Zacks reports. Loomis had a return on equity of 14.10% and a net margin of 5.72%.

Loomis Stock Performance

Shares of OTCMKTS:LOIMF remained flat at $47.50 during trading on Friday. The business has a 50-day simple moving average of $47.08 and a 200-day simple moving average of $46.04. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.11 and a current ratio of 1.17. The stock has a market capitalization of $3.18 billion, a P/E ratio of 17.53 and a beta of -0.89. Loomis has a one year low of $36.30 and a one year high of $48.70.

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Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut Loomis to a “neutral” rating in a research note on Monday, April 20th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Analysis on Loomis

Loomis Company Profile

(Get Free Report)

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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