High Liner Foods (HLF) Set to Announce Quarterly Earnings on Friday

High Liner Foods (TSE:HLF) will be issuing its quarterly earnings data after the market closes on Friday, November 8th. Analysts expect the company to announce earnings of C$0.38 per share for the quarter.

High Liner Foods (TSE:HLF) last posted its earnings results on Wednesday, August 7th. The company reported C$0.47 earnings per share for the quarter, beating the consensus estimate of C$0.35 by C$0.12. High Liner Foods had a return on equity of 12.18% and a net margin of 4.82%. The business had revenue of C$298.72 million during the quarter, compared to the consensus estimate of C$286.86 million.

High Liner Foods Stock Down 1.4 %

High Liner Foods stock opened at C$13.07 on Friday. High Liner Foods has a fifty-two week low of C$10.11 and a fifty-two week high of C$13.95. The company has a debt-to-equity ratio of 61.80, a quick ratio of 0.38 and a current ratio of 2.88. The company has a market capitalization of C$391.19 million, a P/E ratio of 6.77 and a beta of 0.89. The stock has a 50-day simple moving average of C$13.15 and a 200-day simple moving average of C$13.23.

High Liner Foods Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Sunday, September 15th. Stockholders of record on Sunday, September 1st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.59%. The ex-dividend date was Friday, August 30th. High Liner Foods’s payout ratio is currently 31.09%.

About High Liner Foods

High Liner Foods is the leading North American processor and marketer of value-added frozen seafood. Their retail branded products are sold throughout the United States, Canada and Mexico under the High Liner, Fisher Boy, Sea Cuisine and C. Wirthy & Co labels, and are available in most grocery and club stores.