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

Dorel Industries (OTCMKTS:DIIBF) is anticipated to issue its results after the market closes on Thursday, November 5th. Analysts expect Dorel Industries to announce earnings of ($0.35) per share and revenue of $274.30 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.68) EPS for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.25). The firm had revenue of $249.50 million during the quarter, compared to analysts’ expectations of $283.60 million.

Dorel Industries Stock Performance

Shares of DIIBF opened at $0.94 on Tuesday. The business has a 50-day moving average of $1.03 and a 200 day moving average of $1.18. Dorel Industries has a fifty-two week low of $0.79 and a fifty-two week high of $1.76. The firm has a market cap of $32.20 million, a P/E ratio of -0.23 and a beta of 1.11.

Wall Street Analyst Weigh In

Separately, TD Securities reaffirmed a “hold” rating on shares of Dorel Industries in a report on Friday, August 7th. One analyst has rated the stock with a Hold rating. According to MarketBeat, the company has a consensus rating of “Hold”.

About Dorel Industries

Dorel Industries Inc was a Canadian consumer-products company headquartered in Montreal, Quebec. Founded in 1962, the company developed and marketed products through three principal business areas: juvenile products, home furnishings and recreational products. Its brands and operations served consumers through major retailers, e-commerce channels and specialty dealers in North America, Europe, Latin America and other international markets.

Dorel Juvenile produced car seats, strollers, playards, high chairs and other infant and child-care products.