Brokers Set Expectations for SunOpta, Inc.’s Q2 2019 Earnings (SOY)

SunOpta, Inc. (TSE:SOY) (NASDAQ:STKL) – Analysts at William Blair decreased their Q2 2019 earnings per share (EPS) estimates for SunOpta in a report issued on Wednesday, May 8th. William Blair analyst J. Andersen now expects that the company will post earnings of ($0.12) per share for the quarter, down from their previous estimate of ($0.09). William Blair also issued estimates for SunOpta’s Q3 2019 earnings at ($0.08) EPS, FY2019 earnings at ($0.40) EPS and FY2020 earnings at ($0.27) EPS.

SunOpta (TSE:SOY) (NASDAQ:STKL) last issued its earnings results on Tuesday, February 26th. The company reported C($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C($0.12) by C($0.03). The firm had revenue of C$423.66 million during the quarter, compared to analyst estimates of C$403.84 million.

SOY stock opened at C$5.85 on Monday. SunOpta has a fifty-two week low of C$2.92 and a fifty-two week high of C$11.97. The firm has a market cap of $512.31 million and a P/E ratio of -4.35. The company has a quick ratio of 0.32, a current ratio of 1.20 and a debt-to-equity ratio of 238.90.

SunOpta Company Profile

SunOpta Inc sources non-genetically modified (non-GMO) and organic ingredients; and manufactures food and beverage products in the United States, Canada, Europe, and internationally. The company operates through Global Ingredients and Consumer Products segments. The Global Ingredients segment offers organic fruit- and vegetable-based raw materials and ingredients, sweeteners, cocoa, coffees, ancient grains, nuts, seeds and pulses, and other organic food products; identity preserved, non-GMO, and organic seeds and grains, including soy, corn, and sunflower; and seed and grain-based animal feed, and pet food products.

Recommended Story: How to invest in a bear market

Receive News & Ratings for SunOpta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SunOpta and related companies with's FREE daily email newsletter.