Industria de Diseño Textil (OTCMKTS:IDEXY) Posts Earnings Results, Misses Expectations By $0.02 EPS

Industria de Diseño Textil (OTCMKTS:IDEXY - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.25 by ($0.02), Zacks reports. Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%. The business had revenue of $9.45 billion for the quarter, compared to analysts' expectations of $8.53 billion.

Industria de Diseño Textil Price Performance

OTCMKTS:IDEXY traded down $1.07 during mid-day trading on Thursday, reaching $26.96. The company's stock had a trading volume of 113,969 shares, compared to its average volume of 449,808. The stock has a market cap of $168.05 billion, a P/E ratio of 26.69, a P/E/G ratio of 2.38 and a beta of 1.14. The company's fifty day simple moving average is $26.68 and its two-hundred day simple moving average is $26.53. Industria de Diseño Textil has a twelve month low of $23.12 and a twelve month high of $30.11.

Industria de Diseño Textil Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 19th. Investors of record on Thursday, May 1st were given a dividend of $0.3187 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This is an increase from Industria de Diseño Textil's previous dividend of $0.29. This represents a yield of 2.21%. Industria de Diseño Textil's dividend payout ratio is 60.19%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IDEXY. BNP Paribas upgraded 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 note on Thursday, March 13th.

Industria de Diseño Textil Company Profile

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.