Glanbia (GLAPF) Projected to Announce Earnings on Thursday

Glanbia (OTCMKTS:GLAPF) will likely be releasing its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $0.7010 per share and revenue of $2.0162 billion for the quarter.

Glanbia Stock Performance

GLAPF stock opened at $26.00 on Tuesday. Glanbia has a 52-week low of $15.99 and a 52-week high of $28.81. The stock’s 50 day moving average is $26.30 and its two-hundred day moving average is $22.48.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GLAPF. Oddo Bhf downgraded shares of Glanbia to a “neutral” rating in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Glanbia in a report on Friday, June 26th. Finally, Barclays reiterated an “overweight” rating on shares of Glanbia in a research note on Wednesday, June 17th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

About Glanbia

Glanbia plc is a global nutrition group headquartered in Kilkenny, Ireland, with roots tracing back to the merger of Avonmore and Waterford agricultural cooperatives in 1997. The company is organized around two main divisions: Performance Nutrition, which focuses on sports and lifestyle-forward consumer products, and Glanbia Nutritionals, which supplies nutritional ingredients and custom formulation services to food, beverage and pharmaceutical customers.

Under its Performance Nutrition arm, Glanbia markets well-known brands of protein powders, bars and ready-to-drink beverages designed for athletes, fitness enthusiasts and wellness-focused consumers.