Linamar (LIMAF) to Release Quarterly Earnings on Wednesday

Linamar (OTCMKTS:LIMAF) will likely be issuing its results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $2.02 per share and revenue of $2.0135 billion for the quarter.

Linamar Stock Performance

Shares of Linamar stock opened at $65.29 on Tuesday. Linamar has a 52-week low of $37.31 and a 52-week high of $70.47. The company has a 50 day moving average of $63.42 and a 200 day moving average of $60.80.

Analyst Ratings Changes

Separately, Scotiabank restated a “sector perform” rating on shares of Linamar in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

About Linamar

Linamar Corporation is a diversified global manufacturing company headquartered in Guelph, Ontario. The company serves automotive and industrial markets through precision machined and assembled components, modules and systems. Its operations span North America, Europe and Asia, with additional facilities in South America and emerging markets, supporting a broad customer base in passenger vehicles, commercial vehicles, construction, agriculture and energy industries.

In its Mobility segment, Linamar designs and produces powertrain systems, driveline components and other modules for internal combustion and electrified vehicles.