Loomis (OTCMKTS:LOIMF) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Loomis (OTCMKTS:LOIMF) announced its quarterly earnings data on Friday. The company reported $1.06 EPS for the quarter, beating the consensus estimate of $1.02 by $0.04, Zacks reports. Loomis had a return on equity of 15.08% and a net margin of 6.06%.

Loomis Price Performance

LOIMF remained flat at $47.50 on Friday. The firm has a 50 day moving average of $47.50 and a two-hundred day moving average of $46.64. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. Loomis has a 52 week low of $36.30 and a 52 week high of $48.70. The stock has a market cap of $3.18 billion, a price-to-earnings ratio of 16.05 and a beta of -0.86.

About Loomis

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.