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

Jeronimo Martins SGPS (OTCMKTS:JRONY - Get Free Report) is anticipated to issue its quarterly earnings data on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.67 per share and revenue of $10.30 billion for the quarter.

Jeronimo Martins SGPS (OTCMKTS:JRONY - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.05. The business had revenue of $8.81 billion for the quarter, compared to analyst estimates of $9.19 billion. Jeronimo Martins SGPS had a return on equity of 20.07% and a net margin of 1.87%. 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 Stock Performance

Shares of Jeronimo Martins SGPS stock traded down $0.78 during trading on Thursday, reaching $51.67. The company's stock had a trading volume of 861 shares, compared to its average volume of 12,033. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.33 and a current ratio of 0.60. The business's fifty day moving average price is $50.39 and its 200-day moving average price is $45.36. The firm has a market cap of $16.26 billion, a price-to-earnings ratio of 24.03, a price-to-earnings-growth ratio of 1.39 and a beta of 0.83. Jeronimo Martins SGPS has a one year low of $32.68 and a one year high of $54.50.

Jeronimo Martins SGPS Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, May 30th. Investors of record on Tuesday, May 20th were given a dividend of $0.8932 per share. This represents a yield of 1.83%. The ex-dividend date of this dividend was Monday, May 19th. Jeronimo Martins SGPS's dividend payout ratio (DPR) is presently 36.74%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on JRONY shares. BNP Paribas upgraded shares of Jeronimo Martins SGPS from a "strong sell" rating to a "hold" rating in a research note on Friday, May 9th. Citigroup upgraded shares of Jeronimo Martins SGPS from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 1st.

Jeronimo Martins SGPS Company Profile

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.