Jeronimo Martins SGPS (JRONY) to Release Quarterly Earnings on Wednesday

Jeronimo Martins SGPS (OTCMKTS:JRONY) is anticipated to issue its results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.79 per share for the quarter.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last announced its quarterly earnings data on Friday, August 1st. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.08. The business had revenue of $10.23 billion during the quarter, compared to analyst estimates of $10.30 billion. Jeronimo Martins SGPS had a return on equity of 20.66% and a net margin of 1.78%. On average, analysts expect Jeronimo Martins SGPS to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Jeronimo Martins SGPS Trading Up 0.8%

Shares of Jeronimo Martins SGPS stock opened at $47.35 on Tuesday. The company has a quick ratio of 0.31, a current ratio of 0.57 and a debt-to-equity ratio of 0.14. The firm has a market cap of $14.90 billion, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of 1.45 and a beta of 0.87. The business has a fifty day simple moving average of $48.95 and a 200-day simple moving average of $49.42. Jeronimo Martins SGPS has a fifty-two week low of $35.86 and a fifty-two week high of $54.50.

Analyst Ratings Changes

Separately, Citigroup upgraded Jeronimo Martins SGPS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

About Jeronimo Martins SGPS

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.