Maple Leaf Foods (MLFNF) Set to Release Quarterly Earnings on Wednesday

Maple Leaf Foods (OTCMKTS:MLFNF) is projected to post its results before the market opens on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.2624 per share and revenue of $734.96 million for the quarter.

Maple Leaf Foods Trading Up 0.1%

Shares of MLFNF opened at $18.74 on Wednesday. Maple Leaf Foods has a 52-week low of $16.68 and a 52-week high of $23.33. The company has a 50-day simple moving average of $18.59 and a 200-day simple moving average of $20.19.

Analyst Ratings Changes

Several analysts have recently issued reports on MLFNF shares. Canadian Imperial Bank of Commerce assumed coverage on Maple Leaf Foods in a research report on Monday, July 27th. They issued an “outperform” rating on the stock. Scotiabank reissued an “outperform” rating on shares of Maple Leaf Foods in a research note on Thursday, August 13th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Maple Leaf Foods in a research note on Thursday, August 13th. Five research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Maple Leaf Foods currently has an average rating of “Buy”.

Maple Leaf Foods Company Profile

Maple Leaf Foods Inc is a Canadian food company focused primarily on the production and marketing of prepared meats and pork products. Its portfolio includes ready-to-eat and ready-to-cook products such as deli meats, bacon, sausage, ham, hot dogs and other packaged meat items sold through grocery, foodservice and other retail channels.

The company markets products under brands including Maple Leaf, Schneiders, Greenfield Natural Meat Co, Natural Selections and Mina. Maple Leaf Foods has also emphasized animal-welfare standards, sustainable production and the development of value-added food products.