High Liner Foods (TSE:HLF) will be announcing its earnings results before the market opens on Thursday, November 8th. Analysts expect the company to announce earnings of C$0.20 per share for the quarter.
High Liner Foods (TSE:HLF) last announced its quarterly earnings data on Tuesday, August 14th. The company reported C$0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.33 by C($0.19). The firm had revenue of C$316.60 million for the quarter, compared to the consensus estimate of C$351.10 million.
Shares of High Liner Foods stock opened at C$9.20 on Tuesday. High Liner Foods has a 52-week low of C$6.35 and a 52-week high of C$15.67.
In other news, Director Laurie Dean Hennigar purchased 10,000 shares of the stock in a transaction that occurred on Tuesday, August 21st. The stock was bought at an average cost of C$7.31 per share, for a total transaction of C$73,100.00.
A number of equities research analysts have recently issued reports on HLF shares. Cormark cut their price objective on shares of High Liner Foods from C$10.00 to C$7.00 in a research note on Wednesday, August 15th. BMO Capital Markets cut their price objective on shares of High Liner Foods from C$10.75 to C$7.25 in a research note on Wednesday, August 15th. Royal Bank of Canada cut their price objective on shares of High Liner Foods from C$12.00 to C$8.00 in a research note on Wednesday, August 15th. Finally, Beacon Securities cut shares of High Liner Foods from a “buy” rating to a “hold” rating in a research note on Thursday, August 16th.
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High Liner Foods Company Profile
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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