Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) to Release Earnings on Thursday

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) will post its quarterly earnings results after the market closes on Thursday, May 9th. Parties interested in listening to the company’s conference call can do so using this link.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last issued its quarterly earnings data on Wednesday, March 6th. The company reported ($0.41) EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 1.82% and a net margin of 1.58%. The company had revenue of $242.13 million during the quarter. On average, analysts expect Loma Negra Compañía Industrial Argentina Sociedad Anónima to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Stock Down 1.4 %

Loma Negra Compañía Industrial Argentina Sociedad Anónima stock opened at $7.49 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.44 and a current ratio of 1.09. The firm has a 50 day moving average price of $6.97 and a 200 day moving average price of $6.70. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a fifty-two week low of $5.64 and a fifty-two week high of $7.87. The company has a market capitalization of $874.38 million, a PE ratio of 57.62, a price-to-earnings-growth ratio of 0.33 and a beta of 1.44.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LOMA. Bank of America raised Loma Negra Compañía Industrial Argentina Sociedad Anónima from an “underperform” rating to a “neutral” rating and lifted their price objective for the company from $7.10 to $8.10 in a research note on Monday, April 8th. UBS Group downgraded Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “neutral” rating to a “sell” rating and dropped their target price for the company from $6.00 to $5.00 in a research report on Thursday, April 4th.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.