Loomis (OTCMKTS:LOIMF) Posts Earnings Results, Beats Estimates By $0.09 EPS

Loomis (OTCMKTS:LOIMF) announced its earnings results on Friday. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.88 by $0.09, Zacks reports. Loomis had a return on equity of 14.10% and a net margin of 5.72%.

Loomis Stock Performance

Shares of OTCMKTS LOIMF remained flat at $47.50 during midday trading on Friday. The company has a current ratio of 1.17, a quick ratio of 1.11 and a debt-to-equity ratio of 0.47. Loomis has a one year low of $36.30 and a one year high of $48.70. The company’s 50-day moving average is $47.08 and its 200-day moving average is $46.04. The firm has a market capitalization of $3.18 billion, a P/E ratio of 17.53 and a beta of -0.89.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut Loomis to a “neutral” rating in a report on Monday, April 20th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Loomis Company Profile

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.