K-Bro Linen (KBRLF) to Release Quarterly Earnings on Tuesday

K-Bro Linen (OTCMKTS:KBRLF) will likely be releasing its resultson Tuesday, August 4th. Analysts expect the company to announce earnings of $0.4130 per share and revenue of $105.8320 million for the quarter.

K-Bro Linen Price Performance

KBRLF stock remained flat at $30.38 during midday trading on Tuesday. The company had a trading volume of 100 shares, compared to its average volume of 1,740. K-Bro Linen has a 1 year low of $24.24 and a 1 year high of $30.50. The business’s fifty day moving average price is $30.08 and its two-hundred day moving average price is $27.64.

Wall Street Analysts Forecast Growth

Separately, TD Securities reaffirmed a “buy” rating on shares of K-Bro Linen in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy”.

K-Bro Linen Company Profile

K-Bro Linen Services Limited is a North American textile services provider specializing in the rental, cleaning, and management of linens and related products for healthcare, hospitality, and industrial clients. Founded in 1961 and headquartered in Mississauga, Ontario, the company has grown to become a leading commercial linen services provider in Canada. It trades on the OTC market under the ticker KBRLF.

The company offers a full range of textile solutions, including linen rental, infection-prevention laundering, inventory control programs, and turnkey linen management services.