Loomis (OTCMKTS:LOIMF) Releases Earnings Results, Misses Expectations By $0.05 EPS

Loomis (OTCMKTS:LOIMF) posted its quarterly earnings results on Friday. The company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.05), Zacks reports. Loomis had a net margin of 5.73% and a return on equity of 13.56%. The business had revenue of $812.56 million during the quarter, compared to analysts’ expectations of $816.06 million.

Loomis Price Performance

Loomis stock opened at $42.89 on Friday. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.04 and a quick ratio of 1.00. Loomis has a 1-year low of $42.85 and a 1-year high of $43.65. The company has a market cap of $3.07 billion, a PE ratio of 17.50 and a beta of -1.54. The stock’s 50 day moving average price is $42.99 and its 200 day moving average price is $41.10.

Loomis Company Profile

Loomis AB (publ) provides solutions for the distribution, payments, handling, storage, and recycling of cash and other valuables. The company offers a range of solutions for cash in transit, cash management services, foreign exchange services, automated teller machines, automated solutions, and international valuables logistics, as well as operates Loomis Pay, a payment service that enables processing of various types of payment methods, such as card, cash, and digital alternatives.