Premium Brands (PRBZF) Projected to Post Earnings on Thursday

Premium Brands (OTCMKTS:PRBZF) is expected to announce its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $1.10 per share and revenue of $1.6707 billion for the quarter.

Premium Brands Stock Down 1.2%

OTCMKTS PRBZF traded down $0.85 during trading on Tuesday, hitting $67.15. 13,011 shares of the company’s stock were exchanged, compared to its average volume of 18,245. Premium Brands has a fifty-two week low of $58.37 and a fifty-two week high of $77.81. The stock’s 50 day moving average price is $62.97 and its two-hundred day moving average price is $65.98.

Analyst Ratings Changes

PRBZF has been the topic of several research reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Premium Brands in a research report on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of Premium Brands in a research note on Friday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Premium Brands in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Premium Brands

Premium Brands Holdings Corp is a Canadian specialty food manufacturing and distribution company that develops, produces and markets a broad array of premium branded and private-label food products. The company serves retail, foodservice and take-home meal customers, offering a diverse portfolio that includes deli meats, fresh and frozen sandwiches, baked goods, seafood, plant-based proteins and artisanal cheeses. Premium Brands focuses on high-growth, value-added segments of the food industry where quality, convenience and innovation drive customer loyalty.

Through a strategy of organic development and targeted acquisitions, Premium Brands has assembled a network of production facilities and distribution centres across North America and selected international markets.