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

Loomis (OTCMKTS:LOIMF) posted its quarterly earnings data on Friday. The company reported $0.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.09, Zacks reports. The company had revenue of $810.41 million for the quarter, compared to the consensus estimate of $799.62 million. Loomis had a net margin of 5.72% and a return on equity of 14.10%.

Loomis Stock Performance

Shares of Loomis stock opened at $47.50 on Friday. The company has a market capitalization of $3.18 billion, a P/E ratio of 16.05 and a beta of -0.89. 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 company has a fifty day moving average of $47.09 and a 200 day moving average of $46.05. Loomis has a fifty-two week low of $36.30 and a fifty-two week high of $48.70.

Wall Street Analysts Forecast Growth

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