Analysts See $1.09 EPS for Loblaw Companies Ltd (L)

July 18, 2017 - By Stephen Andrade

 Analysts See $1.09 EPS 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. Scotia Capital maintained it with “Sector Perform” rating and $77 target in Friday, January 20 report. RBC Capital Markets downgraded the shares of L in report on Thursday, November 19 to “Sector Perform” rating. The stock has “Sector Perform” rating by Scotia Capital on Friday, February 3. The firm earned “Neutral” rating on Thursday, September 22 by Dundee Securities. The firm has “Sector Perform” rating by Scotia Capital given on Thursday, November 17. BMO Capital Markets maintained the stock with “Market Perform” rating in Wednesday, November 2 report. Scotia Capital maintained Loblaw Companies Ltd (TSE:L) rating on Wednesday, August 24. Scotia Capital has “Sector Perform” rating and $77 target. Scotia Capital maintained the shares of L in report on Thursday, September 22 with “Sector Perform” rating. The rating was maintained by RBC Capital Markets on Friday, April 21 with “Outperform”. The firm has “Sector Perform” rating given on Friday, February 24 by Scotia Capital.

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

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