Premium Brands (PRBZF) Expected to Post Earnings on Thursday

Premium Brands (OTCMKTS:PRBZF) is expected to be announcing its results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $1.07 per share and revenue of $1.69 billion for the quarter.

Premium Brands Stock Performance

PRBZF opened at $51.89 on Thursday. The company’s 50-day simple moving average is $53.45 and its two-hundred day simple moving average is $62.67. Premium Brands has a 52-week low of $48.80 and a 52-week high of $77.81.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PRBZF. Royal Bank Of Canada reissued an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Premium Brands in a report on Friday, August 7th. Finally, TD Securities reiterated a “buy” rating on shares of Premium Brands in a research report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About Premium Brands

Premium Brands Holdings Corporation is a Canadian food manufacturing and distribution company headquartered in British Columbia. The company produces, processes and distributes a broad range of specialty food products, including fresh and processed meats, deli products, sandwiches, bakery items, seafood and other prepared foods.

Premium Brands operates through a portfolio of food businesses and brands serving retail, foodservice and institutional customers. Its product portfolio includes brands such as Grimm’s Fine Foods, Harvest Meats, Hempler’s Foods, Fletcher’s and Belmont Meats, along with a variety of regional and specialty food operations.