Colabor Group (GCL) Set to Announce Quarterly Earnings on Friday

Colabor Group (TSE:GCL) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, July 20th.

Colabor Group (TSE:GCL) last posted its quarterly earnings data on Thursday, May 3rd. The company reported C($0.04) earnings per share (EPS) for the quarter. Colabor Group had a negative return on equity of 71.01% and a negative net margin of 5.87%. The firm had revenue of C$245.89 million during the quarter.

GCL stock opened at C$0.49 on Thursday. Colabor Group has a 12-month low of C$0.47 and a 12-month high of C$0.96.

Separately, TD Securities lowered their price objective on Colabor Group from C$0.70 to C$0.55 and set a “hold” rating on the stock in a report on Friday, May 4th.

In related news, insider Lionel Ettedgui bought 56,500 shares of the stock in a transaction dated Wednesday, May 9th. The shares were acquired at an average cost of C$0.51 per share, for a total transaction of C$28,815.00. Also, insider The Article 6 Marital Trust Cr bought 81,500 shares of the stock in a transaction dated Friday, June 22nd. The shares were bought at an average price of C$0.51 per share, for a total transaction of C$41,565.00. Over the last quarter, insiders purchased 215,500 shares of company stock worth $109,230.

Colabor Group Company Profile

Colabor Group Inc, together with its subsidiaries, distributes and markets food and food-related products in Canada. It operates through two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, fish, seafood, fruits and vegetables, disposables, and sanitation products.

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Earnings History for Colabor Group (TSE:GCL)

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