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

High Liner Foods (TSE:HLF) is scheduled to announce its earnings results 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 issued its earnings results on Wednesday, August 7th. The company reported C$0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.35 by C$0.12. 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 had a return on equity of 12.18% and a net margin of 4.82%.

High Liner Foods Stock Performance

Shares of HLF stock opened at C$13.07 on Friday. The company has a market cap of C$391.19 million, a price-to-earnings 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 has a 12-month low of C$10.11 and a 12-month high of C$13.95. The company has a current ratio of 2.88, a quick ratio of 0.38 and a debt-to-equity ratio of 61.80.

High Liner Foods Announces Dividend

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

High Liner Foods Company Profile

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.