Winpak (WIPKF) Projected to Announce Earnings on Wednesday

Winpak (OTCMKTS:WIPKF) is expected to issue its results after the market closes on Wednesday, October 21st. Analysts expect Winpak to announce earnings of $0.6360 per share and revenue of $322.97 million for the quarter.

Winpak Price Performance

OTCMKTS:WIPKF opened at $31.86 on Tuesday. Winpak has a 1-year low of $28.63 and a 1-year high of $38.01. The firm has a fifty day simple moving average of $31.39 and a 200 day simple moving average of $30.87.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Winpak in a research report on Wednesday, October 14th. BMO Capital Markets reissued a “market perform” rating on shares of Winpak in a research report on Monday, July 27th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Winpak currently has an average rating of “Hold”.

Winpak Company Profile

Winpak Ltd. is a Canadian manufacturer of packaging materials and packaging machinery for the food, beverage, healthcare and other consumer-product industries. The company develops packaging designed to protect products, extend shelf life and support efficient processing and distribution.

Its product portfolio includes flexible packaging, films, pouches, bags, lidding materials, rigid containers, trays, cups, specialty packaging and closures. Winpak also supplies equipment used in packaging and processing applications, including machinery for filling, sealing and handling packaged products.

Founded in 1977 and headquartered in Winnipeg, Manitoba, Winpak serves customers primarily across North America, with operations and sales activities supporting international markets.