$1.09 EPS Expected for Loblaw Companies Ltd (L)

July 18, 2017 - By Winifred Garcia

 $1.09 EPS Expected for Loblaw Companies Ltd (L)

Analysts expect Loblaw Companies Ltd (TSE:L) to report $1.09 EPS on July, 26.They anticipate $0.08 EPS change or 7.92 % from last quarter’s $1.01 EPS. T_L’s profit would be $431.14M giving it 16.26 P/E if the $1.09 EPS is correct. After having $0.90 EPS previously, Loblaw Companies Ltd’s analysts see 21.11 % EPS growth. The stock decreased 0.52% or $0.37 on July 17, reaching $70.89. About 477,017 shares traded. Loblaw Companies Ltd (TSE:L) has 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

Loblaw Companies Ltd (TSE:L) Ratings Coverage

Among 9 analysts covering Loblaw Companies Limited (TSE:L), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. Loblaw Companies Limited had 33 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by TD Securities on Monday, January 23. Scotia Capital maintained it with “Sector Perform” rating and $77 target in Friday, January 20 report. BMO Capital Markets maintained the shares of L in report on Wednesday, November 2 with “Market Perform” rating. As per Friday, April 21, the company rating was maintained by RBC Capital Markets. The stock of Loblaw Companies Ltd (TSE:L) has “Sector Perform” rating given on Friday, February 3 by Scotia Capital. The firm has “Sector Perform” rating given on Thursday, November 19 by RBC Capital Markets. Scotia Capital maintained it with “Sector Perform” rating and $77 target in Thursday, November 17 report. On Wednesday, November 2 the stock rating was maintained by RBC Capital Markets with “Outperform”. Dundee Securities maintained it with “Neutral” rating and $76 target in Thursday, September 22 report. The rating was maintained by Scotia Capital with “Sector Perform” on Thursday, September 22.

Loblaw Companies Limited is a Canada holding company. The company has market cap of $28.04 billion. The Firm operates through three divisions: Retail, Financial Services and Choice Properties. It has a 28.63 P/E ratio. The Company’s Retail segment consists of corporate and franchise-owned retail food and Associate-owned drug stores, and includes in-store pharmacies and other health and beauty products, gas bars, apparel and other general merchandise.

More notable recent Loblaw Companies Ltd (TSE:L) news were published by: Fool.ca which released: “Loblaw Companies Ltd. vs. Metro, Inc.” on July 13, 2017, also Fool.ca with their article: “Can Loblaw Companies Ltd. and Metro, Inc. Bite Back Against Amazon.com, Inc.’s …” published on July 12, 2017, Fool.ca published: “Loblaw Companies Limited: A Defensive Play for Any Portfolio” on June 22, 2017. More interesting news about Loblaw Companies Ltd (TSE:L) were released by: Fool.ca and their article: “Loblaw Companies Ltd. Shareholders Are Lucky Nobody Cares About Customer Service” published on June 27, 2017 as well as Fool.ca‘s news article titled: “Is Loblaw Companies Ltd. Still a Solid Long-Term Bet?” with publication date: July 10, 2017.

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