Premium Brands Holdings Corp (TSE:PBH) – Stock analysts at Cormark lowered their FY2019 earnings estimates for Premium Brands in a report issued on Wednesday, May 22nd. Cormark analyst K. Mcphee now anticipates that the company will post earnings per share of $3.78 for the year, down from their prior forecast of $4.05. Cormark also issued estimates for Premium Brands’ FY2020 earnings at $4.46 EPS.
Premium Brands (TSE:PBH) last announced its quarterly earnings data on Thursday, March 14th. The company reported C$0.82 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.78 by C$0.04. The business had revenue of C$843.90 million during the quarter, compared to analysts’ expectations of C$829.50 million.
Shares of TSE:PBH opened at C$87.37 on Thursday. The firm has a market capitalization of $2.63 billion and a PE ratio of 30.55. The company has a quick ratio of 0.73, a current ratio of 1.70 and a debt-to-equity ratio of 187.13. Premium Brands has a 52 week low of C$66.99 and a 52 week high of C$118.49.
About Premium Brands
Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides meat products and snacks, deli products, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entres, panini, wraps, subs, hamburgers, burgers, muffins, breads, and baking and sushi products.
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