Loomis (OTCMKTS:LOIMF) Announces Earnings Results, Beats Expectations By $0.04 EPS

Loomis (OTCMKTS:LOIMF) posted its earnings results on Friday. The company reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.04, Zacks reports. Loomis had a net margin of 6.06% and a return on equity of 15.08%.

Loomis Stock Performance

Shares of Loomis stock remained flat at $47.50 during trading hours on Friday. Loomis has a 1-year low of $36.30 and a 1-year high of $48.70. The stock has a 50-day simple moving average of $47.50 and a two-hundred day simple moving average of $46.64. The company has a market capitalization of $3.18 billion, a PE ratio of 16.05 and a beta of -0.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.04.

Loomis Company Profile

Loomis AB is a Sweden-based provider of cash-handling and valuables-logistics services. The company helps financial institutions, retailers and other businesses manage the physical flow of cash and other valuable items through services that include cash-in-transit transportation, cash processing, vaulting and distribution.

Its offerings also include ATM services, cash management solutions and related payment services. Loomis supports customers with the collection, counting, sorting, storage and delivery of cash, as well as the replenishment and maintenance of automated teller machines and other cash-management infrastructure.

Loomis traces its roots to the security and cash-services businesses that developed within Securitas and became an independent, publicly listed company in 2008.