SunOpta, Inc. (NASDAQ:STKL) is reporting third quarter financial results on Thursday 29th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, STKL is expected to report 3Q20 loss of $ 0.05 per share from revenue of $ 312.65 million.
For the full year, analysts anticipate top line of $ 1275.28 million, while looking forward to loss of $ 0.05 per share bottom line.
Previous Quarter Performance
SunOpta, Inc. disclosed loss for the second quarter of $ 0.02 per share, from the revenue of $ 310.94 million. Wall street analysts are predicting, STKL to report 2Q20 loss of $ 0.06 per share from revenue of $ 293.56 million. The bottom line results beat street analysts by $ 0.04 or 66.67 percent, at the same time, top line results outshined analysts by $ 17.38 million or 5.92 percent.
Stock Performance
Shares of SunOpta, Inc. traded low $ -0.38 or -4.88 percent on Wednesday, reaching $ 7.41 with volume of 628.20 thousand shares. SunOpta, Inc. has traded high as $ 7.67 and has cracked $ 7.29 on the downward trend
According to the previous trading day, closing price of $ 7.41, representing a 485.71 % increase from the 52 week low of $ 1.33 and a 4.65 % decrease over the 52 week high of $ 8.17.
The company has a market capital of $ 669.48 million and is part of the Consumer Defensive sector and Packaged Foods industry.
Conference Call
SunOpta, Inc. will be hosting a conference call at 9:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.sunopta.com
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.
