Alsea (ALSSF) Expected to Announce Quarterly Earnings on Tuesday

Alsea (OTCMKTS:ALSSF) is anticipated to issue its results after the market closes on Tuesday, October 20th. Analysts expect Alsea to announce earnings of $0.0473 per share and revenue of $1.18 billion for the quarter.

Alsea Price Performance

Shares of ALSSF opened at $2.64 on Friday. Alsea has a one year low of $2.24 and a one year high of $3.69. The business’s 50 day simple moving average is $2.49 and its 200-day simple moving average is $2.69.

Wall Street Analysts Forecast Growth

ALSSF has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised Alsea to a “neutral” rating in a report on Friday, September 25th. UBS Group lowered Alsea to a “neutral” rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Alsea Company Profile

Alsea, SAB. de C.V. is a Mexico-based operator and franchisor of restaurant and coffee-shop brands. The company develops, manages and operates full-service, quick-service and casual-dining establishments, as well as coffee shops, serving customers through company-owned and franchised locations.

Its portfolio has included internationally recognized brands such as Starbucks, Domino’s Pizza, Burger King, Chili’s and The Cheesecake Factory, along with regional concepts including Vips, Italianni’s and El Portón.