Premium Brands (PRBZF) Set to Announce Quarterly Earnings on Thursday

Premium Brands (OTCMKTS:PRBZF) is expected to release its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $1.06 per share and revenue of $1.68 billion for the quarter.

Premium Brands Stock Performance

Shares of PRBZF traded down $0.78 on Tuesday, hitting $52.13. 145 shares of the stock traded hands, compared to its average volume of 21,850. The stock’s 50 day moving average is $53.08 and its two-hundred day moving average is $62.36. Premium Brands has a 1 year low of $48.80 and a 1 year high of $77.81.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PRBZF. TD Securities reiterated a “buy” rating on shares of Premium Brands in a report on Friday, August 7th. BMO Capital Markets restated an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Premium Brands in a research report on Friday, August 7th. Five analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Premium Brands currently has an average rating of “Buy”.

About Premium Brands

Premium Brands Holdings Corporation is a Canadian food manufacturing and distribution company headquartered in British Columbia. Through a portfolio of specialty food businesses, the company produces and markets prepared and processed meats, deli products, sandwiches, ready-to-eat meals, seafood, and other specialty food items.

Its products are sold under a range of proprietary and partner brands through grocery retailers, foodservice operators, restaurants, institutional customers, and other distribution channels.