Maple Leaf Foods (MLFNF) Projected to Post Quarterly Earnings on Wednesday

Maple Leaf Foods (OTCMKTS:MLFNF) is expected to post its results before the market opens on Wednesday, August 12th. Analysts expect Maple Leaf Foods to post earnings of $0.2948 per share and revenue of $729.9780 million for the quarter.

Maple Leaf Foods Trading Up 1.3%

OTCMKTS MLFNF opened at $20.61 on Wednesday. The firm’s 50 day moving average is $21.29 and its 200-day moving average is $20.89. Maple Leaf Foods has a 12-month low of $16.68 and a 12-month high of $26.13.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on MLFNF shares. Scotiabank reiterated an “outperform” rating on shares of Maple Leaf Foods in a research note on Friday, May 8th. Desjardins assumed coverage on shares of Maple Leaf Foods in a research note on Tuesday, May 26th. They set a “buy” rating for the company. Royal Bank Of Canada restated an “outperform” rating on shares of Maple Leaf Foods in a report on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce started coverage on Maple Leaf Foods in a research report on Monday, July 27th. They issued an “outperform” rating on the stock. Six research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Maple Leaf Foods has a consensus rating of “Buy”.

About Maple Leaf Foods

Maple Leaf Foods, trading as OTCMKTS:MLFNF, is a leading Canadian consumer packaged meats company headquartered in Mississauga, Ontario. The company’s operations encompass the processing, packaging and distribution of fresh and value-added meats, including pork and poultry products. Maple Leaf Foods serves a broad customer base through retail grocery channels, foodservice operators and international export markets.

The company’s portfolio features a range of branded offerings such as Maple Leaf® and Schneiders® for traditional meat products, alongside plant-based protein lines acquired through its Lightlife Foods and Field Roast Grain Meat Co subsidiaries.