George Weston (OTCMKTS:WNGRF) Issues Earnings Results, Misses Expectations By $0.07 EPS

George Weston (OTCMKTS:WNGRF) issued its quarterly earnings results on Tuesday. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.07), Zacks reports. George Weston had a return on equity of 13.76% and a net margin of 1.71%.

George Weston Stock Performance

Shares of WNGRF stock remained flat at $68.94 on Tuesday. 316 shares of the stock were exchanged, compared to its average volume of 1,466. The company has a market cap of $26.00 billion, a P/E ratio of 34.08 and a beta of 0.48. The firm has a 50-day moving average of $70.57 and a 200-day moving average of $69.13. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.65 and a current ratio of 1.10. George Weston has a twelve month low of $60.17 and a twelve month high of $75.92.

About George Weston

George Weston Limited (OTCMKTS:WNGRF) is a Canadian diversified food processing and distribution company with principal interests in grocery retail and baked goods. The company operates primarily through its controlling ownership of Loblaw Companies Limited, one of Canada’s largest food retailers, and through its Weston Foods bakery operations. Its business model spans product manufacturing, retailing, and associated services that support grocery operations and consumer packaged goods distribution.

Through its ownership stake in Loblaw, George Weston is connected to a wide array of retail banners, pharmacy operations and private-label brands that serve Canadian consumers, including national supermarket formats and in-store pharmacy and financial services.