Gruma (GPAGF) Projected to Announce Quarterly Earnings on Wednesday

Gruma (OTCMKTS:GPAGF – Get Free Report) is anticipated to post its resultson Wednesday, October 21st. Analysts expect Gruma to announce earnings of $0.3661 per share and revenue of $1.62 billion for the quarter.

Gruma Stock Performance

Gruma stock opened at $13.37 on Monday. The business’s 50-day simple moving average is $14.40 and its 200-day simple moving average is $16.56. Gruma has a 52 week low of $13.37 and a 52 week high of $19.29.

Gruma Company Profile

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Gruma, SAB. de C.V. is a Mexico-based food company that produces and markets corn flour, tortillas and other related food products. Its principal brands include Maseca, a corn flour brand, and Mission, Guerrero and Calidad, which offer tortillas, wraps, tortilla chips and other corn-based products.

Founded in Mexico in 1949, Gruma helped commercialize the production of instant corn flour used to make tortillas. The company has expanded through manufacturing, distribution and international acquisitions, becoming one of the world’s largest producers of corn flour and tortillas.

Gruma serves retail, foodservice and industrial customers across Mexico, the United States, Central America, Europe, Asia and Oceania.

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