Loomis (LOIMF) Expected to Release Quarterly Earnings on Friday

Loomis (OTCMKTS:LOIMF) is anticipated to post its results before the market opens on Friday, October 30th. Analysts expect Loomis to post earnings of $1.02 per share and revenue of $814.45 million for the quarter.

Loomis Price Performance

LOIMF opened at $47.50 on Thursday. The company has a fifty day moving average price of $47.50 and a two-hundred day moving average price of $46.61. The firm has a market capitalization of $3.18 billion, a PE ratio of 16.05 and a beta of -0.86. Loomis has a 52 week low of $36.30 and a 52 week high of $48.70. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.04 and a current ratio of 1.11.

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.