George Weston (OTCMKTS:WNGRF) Issues Earnings Results

George Weston (OTCMKTS:WNGRF) posted its quarterly earnings data on Tuesday. The company reported $0.63 EPS for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.07), Zacks reports. George Weston had a net margin of 1.71% and a return on equity of 13.76%.

George Weston Stock Up 0.3%

Shares of George Weston stock traded up $0.19 during trading on Tuesday, reaching $70.03. The company had a trading volume of 101 shares, compared to its average volume of 1,402. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.65 and a current ratio of 1.10. George Weston has a fifty-two week low of $60.17 and a fifty-two week high of $75.92. The firm’s fifty day moving average is $70.57 and its 200-day moving average is $69.13. The company has a market cap of $26.41 billion, a price-to-earnings ratio of 34.62 and a beta of 0.48.

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.