July 30 (Reuters) - Maple Leaf Foods Inc MFI.TO :
* MAPLE LEAF FOODS REPORTS SECOND QUARTER 2020 FINANCIAL RESULTS
* Q2 EARNINGS PER SHARE C$0.21
* Q2 EARNINGS PER SHARE ESTIMATE C$0.25 -- REFINITIV IBES DATA
* Q2 SALES C$1.095 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.12 BILLION
* Q2 ADJUSTED EARNINGS PER SHARE C$0.35
* MAPLE LEAF FOODS - QTRLY MEAT PROTEIN GROUP SALES GROWTH OF 5.8% DRIVEN PRIMARILY BY AN INCREASE IN HOGS PROCESSED, HIGHER SALES TO ASIAN MARKETS
* QTRLY PLANT PROTEIN GROUP SALES GROWTH OF 41.4% ON HIGHER VOLUMES
* FOR 2020, MAPLE LEAF FOODS CONTINUES TO FOCUS ON PROFITABLE GROWTH IN MEAT PROTEIN GROUP
* IN Q2, GROSS COSTS ASSOCIATED WITH COVID-19 WERE APPROXIMATELY $19.0 MILLION, IN-LINE WITH EXPECTATIONS
* NOW ESTIMATES THAT ITS TOTAL CAPITAL EXPENDITURES FOR YEAR WILL BE IN RANGE OF $500.0 MILLION TO $600.0 MILLION
* FOR REMAINDER OF YEAR, CO'S EXPECTATIONS FOR 2020 ARE: MEAT PROTEIN GROUP MID-TO-HIGH SINGLE DIGIT REVENUE GROWTH