Mullen Group (MLLGF) Expected to Announce Quarterly Earnings on Thursday

Mullen Group (OTCMKTS:MLLGF) is anticipated to issue its resultson Thursday, July 23rd. Analysts expect the company to announce earnings of $0.2323 per share and revenue of $414.8740 million for the quarter.

Mullen Group Price Performance

Shares of MLLGF opened at $18.51 on Tuesday. Mullen Group has a 52-week low of $8.50 and a 52-week high of $18.51. The stock has a fifty day simple moving average of $15.95 and a two-hundred day simple moving average of $13.80.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on MLLGF shares. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Mullen Group in a report on Tuesday, June 30th. TD Securities reiterated a “buy” rating on shares of Mullen Group in a research report on Friday, April 24th. Royal Bank Of Canada reissued an “outperform” rating on shares of Mullen Group in a research note on Friday, April 24th. Scotiabank restated a “sector perform” rating on shares of Mullen Group in a research report on Thursday. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Mullen Group in a research note on Friday, April 24th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Mullen Group Company Profile

Mullen Group Ltd. is a diversified transportation and logistics company headquartered in Okotoks, Alberta. Founded in 1949 as a regional trucking firm, the company has grown through a combination of organic expansion and targeted acquisitions to become one of Canada’s leading asset-based carriers. Mullen Group provides full-service solutions across a range of industries, with a focus on temperature-controlled freight, bulk and specialized haulage, and dedicated contract carriage.

The company operates through several complementary business segments, including truckload and less-than-truckload (LTL) services, logistics and warehousing, courier and parcel delivery, and international freight forwarding.