Linamar (LIMAF) Projected to Post Earnings on Wednesday

Linamar (OTCMKTS:LIMAF) is expected to issue its results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $2.4450 billion for the quarter.

Linamar Stock Performance

Shares of LIMAF opened at $68.85 on Wednesday. The company’s 50 day simple moving average is $63.96 and its 200-day simple moving average is $57.72. Linamar has a 12-month low of $31.40 and a 12-month high of $69.70.

Analyst Upgrades and Downgrades

Separately, Scotiabank reissued a “sector perform” rating on shares of Linamar in a research report on Tuesday, January 27th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Linamar currently has an average rating of “Hold”.

Linamar Company Profile

Linamar Corporation is a diversified global manufacturing company headquartered in Guelph, Ontario. The company serves automotive and industrial markets through precision machined and assembled components, modules and systems. Its operations span North America, Europe and Asia, with additional facilities in South America and emerging markets, supporting a broad customer base in passenger vehicles, commercial vehicles, construction, agriculture and energy industries.

In its Mobility segment, Linamar designs and produces powertrain systems, driveline components and other modules for internal combustion and electrified vehicles.