Linamar (LIMAF) Projected to Post Earnings on Wednesday

Linamar (OTCMKTS:LIMAF) is expected to post its results before the market opens on Wednesday, March 4th. Analysts expect Linamar to post earnings of $1.45 per share and revenue of $2.4450 billion for the quarter.

Linamar Trading Up 2.2%

OTCMKTS:LIMAF opened at $68.85 on Wednesday. Linamar has a 1 year low of $31.40 and a 1 year high of $69.70. The stock has a fifty day moving average price of $63.96 and a two-hundred day moving average price of $57.72.

Wall Street Analyst Weigh In

Separately, Scotiabank reissued a “sector perform” rating on shares of Linamar in a report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Linamar has a consensus rating of “Hold”.

Linamar Company Profile

Linamar Corporation is a diversified global manufacturing company headquartered in Guelph, Ontario. The company serves automotive and industrial markets through precision machined and assembled components, modules and systems. Its operations span North America, Europe and Asia, with additional facilities in South America and emerging markets, supporting a broad customer base in passenger vehicles, commercial vehicles, construction, agriculture and energy industries.

In its Mobility segment, Linamar designs and produces powertrain systems, driveline components and other modules for internal combustion and electrified vehicles.