Dorel Industries (DIIBF) Expected to Release Quarterly Earnings on Thursday

Dorel Industries (OTCMKTS:DIIBF) is expected to be issuing its results after the market closes on Thursday, August 6th. Analysts expect Dorel Industries to post earnings of ($0.43) per share and revenue of $283.60 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.58) by ($0.07). The business had revenue of $267.84 million for the quarter, compared to analyst estimates of $299.70 million.

Dorel Industries Stock Performance

OTCMKTS:DIIBF opened at $1.03 on Thursday. The firm has a market cap of $35.78 million, a price-to-earnings ratio of -0.24 and a beta of 1.56. Dorel Industries has a 52 week low of $0.83 and a 52 week high of $1.76. The firm has a 50-day moving average price of $1.14 and a two-hundred day moving average price of $1.24.

Analyst Ratings Changes

Separately, TD Securities upgraded Dorel Industries to a “hold” rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Dorel Industries Company Profile

Dorel Industries Inc is a publicly traded Canadian company engaged in the design, manufacture and distribution of consumer products across two core segments. Headquartered in Montreal, Quebec, Dorel serves retailers and end consumers in North America, Europe and select markets in Asia and Latin America. The company markets globally recognized brands and maintains an integrated supply chain encompassing product development, manufacturing and distribution.

The Dorel Juvenile segment produces a wide range of baby and children’s products, including car seats, strollers, high chairs, play yards and nursery furniture.