Weis Markets, Inc. (WMK) Scheduled to Post Quarterly Earnings on Monday

Weis Markets, Inc. (NYSE:WMK) is scheduled to issue its quarterly earnings data on Monday, October 30th.

Weis Markets (NYSE:WMK) last released its quarterly earnings results on Wednesday, August 2nd. The company reported $0.69 earnings per share (EPS) for the quarter. Weis Markets had a net margin of 2.42% and a return on equity of 8.89%. The company had revenue of $876.57 million for the quarter. On average, analysts expect Weis Markets to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of Weis Markets, Inc. (NYSE WMK) opened at 42.99 on Monday. Weis Markets, Inc. has a 1-year low of $41.30 and a 1-year high of $68.88. The firm’s 50 day moving average is $43.29 and its 200 day moving average is $49.47. The firm has a market capitalization of $1.16 billion, a PE ratio of 14.09 and a beta of 0.72.

In other Weis Markets news, COO Kurt A. Schertle bought 1,000 shares of the stock in a transaction on Friday, August 11th. The shares were bought at an average price of $45.47 per share, with a total value of $45,470.00. Following the purchase, the chief operating officer now directly owns 1,000 shares in the company, valued at approximately $45,470. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Scott F. Frost bought 600 shares of the stock in a transaction on Monday, September 18th. The shares were acquired at an average cost of $42.85 per share, for a total transaction of $25,710.00. Following the purchase, the chief financial officer now owns 1,961 shares in the company, valued at $84,028.85. The disclosure for this purchase can be found here. Insiders purchased a total of 2,625 shares of company stock worth $116,570 in the last three months. 26.90% of the stock is currently owned by company insiders.

Separately, BidaskClub cut Weis Markets from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 19th.

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About Weis Markets

Weis Markets, Inc is engaged principally in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products.

Earnings History for Weis Markets (NYSE:WMK)

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