Alsea (ALSSF) Set to Announce Earnings on Tuesday

Alsea (OTCMKTS:ALSSF) will likely be issuing its results after the market closes on Tuesday, October 20th. Analysts expect the company to post earnings of $0.0473 per share and revenue of $1.18 billion for the quarter.

Alsea Stock Performance

OTCMKTS ALSSF opened at $2.64 on Monday. The business’s 50-day moving average price is $2.49 and its two-hundred day moving average price is $2.69. Alsea has a 12 month low of $2.24 and a 12 month high of $3.69.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ALSSF. UBS Group lowered Alsea to a “neutral” rating in a research note on Wednesday, August 19th. The Goldman Sachs Group raised shares of Alsea to a “neutral” rating in a research report on Friday, September 25th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Alsea currently has a consensus rating of “Hold”.

About Alsea

Alsea, SAB. de C.V. is a Mexico-based operator and franchisor of restaurant and coffee-shop brands. The company develops, manages and operates full-service, quick-service and casual-dining establishments, as well as coffee shops, serving customers through company-owned and franchised locations.

Its portfolio has included internationally recognized brands such as Starbucks, Domino’s Pizza, Burger King, Chili’s and The Cheesecake Factory, along with regional concepts including Vips, Italianni’s and El Portón.