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STKL Stock News Image - Zacks Investment Research

SunOpta (STKL) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to earnings of $0.03 per share a year ago.

Zacks Investment Research 2023 Aug 09
STKL Stock News Image - Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--SunOpta Inc. ("SunOpta" or the “Company”) (Nasdaq:STKL) (TSX:SOY), a U.S.-based global pioneer fueling the future of sustainable, plant-based and fruit-based foods and beverages, today announced that the Company will issue financial results for the second quarter 2023 after the markets close on Wednesday, August 9, 2023. Following the release, SunOpta will host a conference call at 5:30 p.m. Eastern Time to discuss its financial results and recent corporate develop.

Business Wire 2023 Jul 26
STKL Stock News Image - Zacks Investment Research

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Zacks Investment Research 2023 Jul 19
STKL Stock News Image - Zacks Investment Research

SunOpta (STKL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Zacks Investment Research 2023 Jul 18
STKL Stock News Image - Seeking Alpha

SunOpta's strong performance in the plant-based and fruit-based food markets, backed by advanced production methods and unique collaborations, makes it an attractive investment opportunity. The company's Q1 2023 financials show a promising trajectory, with a 25% increase in plant-based milk items and a 50.5% rise in adjusted EBITDA to $23.6 million. SunOpta's new production facility in Texas will double its enterprise by 2025, reinforcing its manufacturing capabilities and addressing increasing product demand while prioritizing sustainability.

Seeking Alpha 2023 Jul 09
STKL Stock News Image - Seeking Alpha

SunOpta, a food and beverage company, has experienced a significant downturn, with shares plummeting 28.1% due to a weak first quarter in 2023, despite optimistic management and potential long-term catalysts. STKL's revenue fell 6.8% year on year in Q1 2023, with the Fruit-Based Foods and Beverages unit experiencing a 9.7% drop in revenue, leading to a decline in profitability. Despite the downturn, the company forecasts a revenue increase of between 7% and 12% for 2023 and the overall picture for the firm should still be bullish.

Seeking Alpha 2023 Jul 04
STKL Stock News Image - Zacks Investment Research

The heavy selling pressure might have exhausted for SunOpta (STKL) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Zacks Investment Research 2023 May 25
STKL Stock News Image - Seeking Alpha

SunOpta Inc. (NASDAQ:STKL ) Q1 2023 Earnings Conference Call May 10, 2023 5:30 PM ET Company Participants Reed Anderson - ICR Joe Ennen - CEO Scott Huckins - CFO Conference Call Participants Andrew Strelzik - BMO Capital Markets Bobby Burleson - Canaccord Ryan Meyers - Lake Street Capital Markets Jon Andersen - William Blair Operator Greetings, and welcome to SunOpta's First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Seeking Alpha 2023 May 10
STKL Stock News Image - Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--SunOpta Inc. ("SunOpta" or the “Company”) (Nasdaq:STKL) (TSX:SOY), a U.S.-based global pioneer fueling the future of sustainable, plant-based and fruit-based foods and beverages, today announced that the Company will participate in two upcoming investor conferences. These include the BMO Global Farm to Market Conference, to be held May 17-18, 2023 in New York, N.Y. and the Craig-Hallum Institutional Investor Conference to be held May 31, 2023 in Minneapolis, Minn.

Business Wire 2023 May 08
STKL Stock News Image - Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--SunOpta Inc. ("SunOpta" or the “Company”) (Nasdaq:STKL) (TSX:SOY), a U.S.-based global pioneer fueling the future of sustainable, plant-based and fruit-based foods and beverages, today announced that the Company will issue financial results for the first quarter 2023 after the markets close on Wednesday, May 10, 2023. Following the release, SunOpta will host a conference call at 5:30 p.m. Eastern Time to discuss its financial results and recent corporate developmen.

Business Wire 2023 Apr 26
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