Glanbia (GLAPF) to Release Quarterly Earnings on Thursday

Glanbia (OTCMKTS:GLAPF) is anticipated to issue its resultson Thursday, August 6th. Analysts expect Glanbia to announce earnings of $0.7010 per share and revenue of $2.0162 billion for the quarter.

Glanbia Price Performance

OTCMKTS:GLAPF opened at $26.00 on Thursday. The firm has a 50-day moving average of $26.24 and a two-hundred day moving average of $22.30. Glanbia has a 1-year low of $15.99 and a 1-year high of $28.81.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Barclays reiterated an “overweight” rating on shares of Glanbia in a research note on Wednesday, June 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Glanbia in a report on Friday, June 26th. Finally, Oddo Bhf lowered Glanbia to a “neutral” rating in a research report on Wednesday, July 15th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Glanbia

Glanbia plc is a global nutrition group headquartered in Kilkenny, Ireland, with roots tracing back to the merger of Avonmore and Waterford agricultural cooperatives in 1997. The company is organized around two main divisions: Performance Nutrition, which focuses on sports and lifestyle-forward consumer products, and Glanbia Nutritionals, which supplies nutritional ingredients and custom formulation services to food, beverage and pharmaceutical customers.

Under its Performance Nutrition arm, Glanbia markets well-known brands of protein powders, bars and ready-to-drink beverages designed for athletes, fitness enthusiasts and wellness-focused consumers.