Loomis (OTCMKTS:LOIMF) Announces Earnings Results

Loomis (OTCMKTS:LOIMF) posted its quarterly earnings data on Thursday. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.12, Zacks reports. The company had revenue of $788.05 million for the quarter, compared to analyst estimates of $784.64 million. Loomis had a return on equity of 14.53% and a net margin of 5.72%.

Loomis Price Performance

Loomis stock remained flat at $46.65 during mid-day trading on Friday. The stock’s 50 day moving average is $46.86 and its 200-day moving average is $43.66. The firm has a market capitalization of $3.34 billion, a P/E ratio of 17.21 and a beta of -1.57. Loomis has a 12-month low of $36.30 and a 12-month high of $48.70. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.11 and a quick ratio of 1.06.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered Loomis to a “neutral” rating in a research note on Monday, April 20th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

About Loomis

Loomis AB (OTCMKTS: LOIMF) is a Swedish security company specializing in cash handling and secure logistics services. Headquartered in Stockholm, the company offers comprehensive solutions for the transportation, processing and management of banknotes, coins and other valuables. Its services are designed to support financial institutions, retailers, wholesalers and public sector organizations in maintaining secure and efficient cash operations.

The company’s core activities include cash-in-transit (CIT) operations, ATM servicing, cash processing at high-security vaults and end-to-end cash management.