Glanbia plc (OTCMKTS:GLAPY) to Post FY2022 Earnings of $4.69 Per Share, Jefferies Financial Group Forecasts

Glanbia plc (OTCMKTS:GLAPYGet Rating) – Jefferies Financial Group dropped their FY2022 earnings per share (EPS) estimates for Glanbia in a note issued to investors on Tuesday, August 2nd. Jefferies Financial Group analyst M. Deboo now forecasts that the company will post earnings of $4.69 per share for the year, down from their prior forecast of $4.70. The consensus estimate for Glanbia’s current full-year earnings is $4.70 per share. Jefferies Financial Group also issued estimates for Glanbia’s FY2023 earnings at $5.39 EPS, FY2024 earnings at $5.75 EPS and FY2025 earnings at $6.12 EPS.

Glanbia Price Performance

OTCMKTS:GLAPY opened at $54.47 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.94 and a current ratio of 1.61. The stock’s 50-day moving average is $55.37 and its 200-day moving average is $60.54. Glanbia has a 1-year low of $53.37 and a 1-year high of $90.55.

About Glanbia

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Glanbia plc operates as a nutrition company worldwide. The company manufactures and sells sports nutrition and lifestyle nutrition products in various formats, including powders, ready-to-eat bars and snacking foods, and ready-to-drink beverages through various channels, such as specialty retail, online, and gyms, as well the food, drug, mass, and club channels.

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Earnings History and Estimates for Glanbia (OTCMKTS:GLAPY)

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