K-Bro Linen (KBL) to Release Earnings on Wednesday

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K-Bro Linen (TSE:KBL) is scheduled to release its earnings data after the market closes on Wednesday, August 7th.

K-Bro Linen (TSE:KBL) last released its quarterly earnings results on Thursday, May 9th. The company reported C$0.05 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.04 by C$0.01. The firm had revenue of C$57.78 million for the quarter, compared to analysts’ expectations of C$57.55 million.

KBL stock opened at C$39.58 on Tuesday. The stock has a market capitalization of $417.97 million and a price-to-earnings ratio of 68.95. The firm’s 50-day moving average price is C$40.18. K-Bro Linen has a one year low of C$32.00 and a one year high of C$41.87. The company has a current ratio of 1.58, a quick ratio of 0.84 and a debt-to-equity ratio of 60.35.

Separately, National Bank Financial upped their price objective on shares of K-Bro Linen from C$40.00 to C$41.50 and gave the company an “outperform” rating in a report on Monday, May 13th.

About K-Bro Linen

K-Bro Linen Inc, together with its subsidiaries, engages in the processing, management, and distribution of general linen and operating room linen to healthcare institutions, hotels, and other commercial accounts in Canada. The company also offers other services, including bulk dock-to-dock, exchange cart preparation, delivery of carts, surgical linen, distribution and control of employee uniforms, personal clothing, customer reporting, customer service visiting, and textile procurement services.

Further Reading: Fundamental Analysis

Earnings History for K-Bro Linen (TSE:KBL)

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