Tate & Lyle (TATYY) Expected to Announce Quarterly Earnings on Thursday

Tate & Lyle (OTCMKTS:TATYY – Get Free Report) is projected to announce its resultson Thursday, November 5th. Analysts expect Tate & Lyle to post earnings of $1.11 per share and revenue of $1.36 billion for the quarter.

Tate & Lyle Price Performance

Tate & Lyle stock traded up $0.05 during midday trading on Friday, hitting $30.19. 11,006 shares of the company’s stock were exchanged, compared to its average volume of 576. The company has a current ratio of 2.71, a quick ratio of 1.55 and a debt-to-equity ratio of 0.80. Tate & Lyle has a 12-month low of $17.64 and a 12-month high of $30.50. The firm’s 50 day simple moving average is $30.02 and its 200 day simple moving average is $25.63.

Tate & Lyle Company Profile

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Tate & Lyle PLC is a global provider of food and beverage ingredients and solutions. The company works with food and drink manufacturers to develop products that improve taste, texture, nutrition and stability while helping address consumer demand for lower-sugar and better-for-you foods.

Its portfolio includes sweeteners, fibers, starches, texturants, stabilizers and other specialty ingredients. Tate & Lyle’s solutions are used in categories such as beverages, dairy products, bakery goods, desserts, soups, sauces and prepared foods.

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