High Liner Foods (TSE:HLF) is set to post its quarterly earnings results before the market opens on Thursday, November 8th. Analysts expect High Liner Foods to post earnings of C$0.20 per share for the quarter.
High Liner Foods (TSE:HLF) last posted its quarterly earnings data on Tuesday, August 14th. The company reported C$0.14 earnings per share for the quarter, missing the consensus estimate of C$0.33 by C($0.19). The business had revenue of C$316.60 million during the quarter, compared to analysts’ expectations of C$351.10 million.
HLF stock opened at C$9.44 on Wednesday. High Liner Foods has a fifty-two week low of C$6.35 and a fifty-two week high of C$15.67.
In other news, Director Laurie Dean Hennigar purchased 10,000 shares of the business’s stock in a transaction dated Tuesday, August 21st. The shares were purchased at an average cost of C$7.31 per share, with a total value of C$73,100.00.
Several research analysts have weighed in on the company. Cormark lowered their price objective on High Liner Foods from C$10.00 to C$7.00 in a research report on Wednesday, August 15th. BMO Capital Markets decreased their price target on High Liner Foods from C$10.75 to C$7.25 in a research report on Wednesday, August 15th. Beacon Securities cut High Liner Foods from a “buy” rating to a “hold” rating in a research report on Thursday, August 16th. Finally, Royal Bank of Canada decreased their price target on High Liner Foods from C$12.00 to C$8.00 in a research report on Wednesday, August 15th.
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About High Liner Foods
High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.
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