Industria de Diseño Textil (IDEXY) Projected to Post Quarterly Earnings on Wednesday

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) is projected to post its quarterly earnings results on Wednesday, June 4th. Analysts expect Industria de Diseño Textil to post earnings of $0.25 per share and revenue of $8.53 billion for the quarter.

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) last issued its quarterly earnings data on Wednesday, March 12th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01). The company had revenue of $11.96 billion during the quarter, compared to the consensus estimate of $11.13 billion. Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. On average, analysts expect Industria de Diseño Textil to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Industria de Diseño Textil Stock Up 0.7%

Shares of IDEXY traded up $0.18 during trading hours on Friday, hitting $27.00. The company had a trading volume of 217,319 shares, compared to its average volume of 460,197. The firm has a market cap of $168.30 billion, a price-to-earnings ratio of 26.73, a PEG ratio of 2.38 and a beta of 1.18. The business has a fifty day moving average of $26.31 and a 200-day moving average of $26.52. Industria de Diseño Textil has a 12 month low of $23.12 and a 12 month high of $30.11.

Industria de Diseño Textil Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 19th. Stockholders of record on Thursday, May 1st were given a $0.3187 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This is a positive change from Industria de Diseño Textil's previous dividend of $0.29. This represents a dividend yield of 2.21%. Industria de Diseño Textil's dividend payout ratio is presently 60.19%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IDEXY. BNP Paribas raised shares of Industria de Diseño Textil to a "strong-buy" rating in a research report on Tuesday, April 22nd. Citigroup raised shares of Industria de Diseño Textil to a "strong-buy" rating in a research report on Thursday, March 13th.

About Industria de Diseño Textil

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.