Zalando (ZLNDY) Expected to Announce Earnings on Wednesday

Zalando (OTCMKTS:ZLNDY) is expected to be announcing its results before the market opens on Wednesday, August 5th. Analysts expect Zalando to post earnings of $0.2881 per share and revenue of $3.9743 billion for the quarter.

Zalando (OTCMKTS:ZLNDY) last issued its earnings results on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $3.52 billion for the quarter, compared to analysts’ expectations of $3.48 billion. Zalando had a return on equity of 4.15% and a net margin of 0.89%. On average, analysts expect Zalando to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Zalando Stock Up 3.1%

ZLNDY opened at $16.78 on Tuesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.09 and a quick ratio of 0.58. Zalando has a 12 month low of $10.84 and a 12 month high of $17.37. The stock has a market capitalization of $8.20 billion, a P/E ratio of 64.54 and a beta of 1.50. The business has a 50 day simple moving average of $14.87 and a 200-day simple moving average of $13.43.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. DZ Bank downgraded Zalando from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Barclays upgraded shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Finally, Citigroup reiterated a “buy” rating on shares of Zalando in a research note on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Zalando presently has an average rating of “Moderate Buy”.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.