Premium Brands (PRBZF) Projected to Release Earnings on Thursday

Premium Brands (OTCMKTS:PRBZF) is projected to release its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $1.10 per share and revenue of $1.6707 billion for the quarter.

Premium Brands Stock Performance

Shares of PRBZF opened at $67.76 on Wednesday. The company’s fifty day moving average is $63.01 and its 200-day moving average is $65.95. Premium Brands has a 12 month low of $58.37 and a 12 month high of $77.81.

Wall Street Analyst Weigh In

Several research firms have weighed in on PRBZF. BMO Capital Markets restated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. Finally, Scotiabank restated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Premium Brands Company Profile

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.