Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) Set to Announce Quarterly Earnings on Thursday

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) will be releasing its earnings data after the market closes on Thursday, May 9th. Persons that wish to register for the company’s earnings conference call can do so using this link.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last released its quarterly earnings results on Wednesday, March 6th. The company reported ($0.41) EPS for the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 1.82% and a net margin of 1.58%. The company had revenue of $242.13 million during the quarter. On average, analysts expect Loma Negra Compañía Industrial Argentina Sociedad Anónima to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Trading Down 1.4 %

Shares of LOMA stock opened at $7.49 on Wednesday. The company has a market cap of $874.38 million, a PE ratio of 57.62, a price-to-earnings-growth ratio of 0.33 and a beta of 1.44. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.09 and a quick ratio of 0.44. The stock’s 50 day simple moving average is $6.97 and its two-hundred day simple moving average is $6.70. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 1 year low of $5.64 and a 1 year high of $7.87.

Analyst Upgrades and Downgrades

Several research firms have commented on LOMA. Bank of America raised shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $7.10 to $8.10 in a research note on Monday, April 8th. UBS Group downgraded shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “neutral” rating to a “sell” rating and cut their price target for the company from $6.00 to $5.00 in a report on Thursday, April 4th.

About Loma Negra Compañía Industrial Argentina Sociedad Anónima

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Railroad; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.