Loomis (OTCMKTS:LOIMF) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Loomis (OTCMKTS:LOIMF) released its quarterly earnings results on Friday. The company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.02 by $0.04, Zacks reports. Loomis had a return on equity of 15.08% and a net margin of 6.06%.

Loomis Stock Performance

Shares of LOIMF remained flat at $47.50 during mid-day trading on Friday. The company has a market capitalization of $3.18 billion, a P/E ratio of 16.05 and a beta of -0.86. The firm’s 50-day moving average price is $47.50 and its 200-day moving average price is $46.64. The company has a current ratio of 1.11, a quick ratio of 1.04 and a debt-to-equity ratio of 0.50. Loomis has a one year low of $36.30 and a one year high of $48.70.

Loomis Company Profile

Loomis AB is a Sweden-based provider of cash-handling and valuables-logistics services. The company helps financial institutions, retailers and other businesses manage the physical flow of cash and other valuable items through services that include cash-in-transit transportation, cash processing, vaulting and distribution.

Its offerings also include ATM services, cash management solutions and related payment services. Loomis supports customers with the collection, counting, sorting, storage and delivery of cash, as well as the replenishment and maintenance of automated teller machines and other cash-management infrastructure.

Loomis traces its roots to the security and cash-services businesses that developed within Securitas and became an independent, publicly listed company in 2008.