High Liner Foods stock reports a Q2 earnings beat below target
Published on 09/29/2026 at 21:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
High Liner Foods stock traded at CAD 13.90 on the Toronto Stock Exchange on September 29, 2026 at 3:49 p.m. ET, down CAD 0.13 from the prior close of CAD 14.03. The companys latest quarterly report delivered adjusted EPS of USD 0.44 against USD 0.27 expected, giving investors a concrete earnings comparison.
Q2 earnings beat expectations
According to Investing.com on August 13, 2026, High Liner Foods generated USD 269.3 million of Q2/2026 revenue versus USD 253.0 million expected. Revenue therefore exceeded consensus by 6.3 percent, while adjusted EPS beat the USD 0.27 forecast by USD 0.17.
The quarterly comparison also shows the limits of the earnings beat. Reported net income stood at USD 5.1 million in Q2/2026, compared with USD 8.0 million in Q1/2026, while revenue fell from USD 334.9 million to USD 269.3 million between those periods.
Analyst target stays above quote
MarketBeat lists a consensus Hold rating and an average price target of CAD 16.70. Against the CAD 13.90 TSX quote on September 29, 2026, that target is CAD 2.80 higher, equivalent to 20.14 percent above the quoted price.
The valuation picture is smaller than the earnings headline alone suggests. Market capitalization was CAD 390.3 million on September 29, 2026, and the 52-week range stood at CAD 13.13 to CAD 17.60. The current quote was CAD 0.77 above the yearly low and CAD 3.70 below the yearly high.
Next report date is November 11
Investing.com identifies November 11, 2026 as the date for High Liner Foods next report. That date gives the market a defined checkpoint for judging whether the Q2 revenue and adjusted-EPS performance can continue.
TSX quote remains below target
High Liner Foods was trading at CAD 13.90 on the TSX on September 29, 2026 at 3:49 p.m. ET, down 0.93 percent versus the prior close of CAD 14.03. The quote remains inside the CAD 13.13 to CAD 17.60 52-week range, while the consensus target of CAD 16.70 sits above the market price.
High Liner Foods stock facts
- Company: High Liner Foods Incorporated
- ISIN: CA4304851086
- Ticker: HLF
- Primary exchange: TSX
- Primary exchange quote: CAD 13.90 as of September 29, 2026 at 3:49 p.m. ET
- Change versus prior close: minus 0.93 percent
- Prior close: CAD 14.03
- Market capitalization: CAD 390.3 million as of September 29, 2026
- 52-week range: CAD 13.13-CAD 17.60 as of September 29, 2026
- Sector / Industry: Consumer Staples / Packaged Foods
- Next earnings date: November 11, 2026
