George Weston (WNGRF) Expected to Announce Earnings on Wednesday

George Weston (OTCMKTS:WNGRF) is expected to release its results before the market opens on Wednesday, March 4th. Analysts expect George Weston to post earnings of $0.9120 per share and revenue of $16.8866 billion for the quarter.

George Weston Price Performance

OTCMKTS WNGRF opened at $73.28 on Monday. George Weston has a 1 year low of $52.55 and a 1 year high of $75.92. The business’s fifty day moving average is $70.74 and its two-hundred day moving average is $66.31. The stock has a market capitalization of $27.81 billion, a P/E ratio of 27.04 and a beta of 0.55. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.80 and a current ratio of 1.42.

Analyst Ratings Changes

Several research analysts recently weighed in on WNGRF shares. Desjardins reissued a “buy” rating on shares of George Weston in a research report on Monday, November 17th. Scotiabank reaffirmed a “sector perform” rating on shares of George Weston in a research note on Monday, November 17th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of George Weston in a report on Monday, November 17th. BMO Capital Markets restated a “market perform” rating on shares of George Weston in a report on Monday, November 17th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of George Weston in a research report on Monday, November 17th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About George Weston

George Weston Limited (OTCMKTS:WNGRF) is a Canadian diversified food processing and distribution company with principal interests in grocery retail and baked goods. The company operates primarily through its controlling ownership of Loblaw Companies Limited, one of Canada’s largest food retailers, and through its Weston Foods bakery operations. Its business model spans product manufacturing, retailing, and associated services that support grocery operations and consumer packaged goods distribution.

Through its ownership stake in Loblaw, George Weston is connected to a wide array of retail banners, pharmacy operations and private-label brands that serve Canadian consumers, including national supermarket formats and in-store pharmacy and financial services.