Jeronimo Martins SGPS (JRONY) Projected to Post Earnings on Wednesday

Jeronimo Martins SGPS (OTCMKTS:JRONY - Get Free Report) is expected 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 released its earnings results on Wednesday, May 7th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.05. The company had revenue of $8.81 billion for the quarter, compared to analysts' expectations 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 Up 0.3%

Shares of OTCMKTS JRONY traded up $0.14 during trading hours on Friday, hitting $51.81. The stock had a trading volume of 27,848 shares, compared to its average volume of 10,366. The company has a market capitalization of $16.30 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.38 and a beta of 0.83. 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 firm's 50-day moving average price is $50.43 and its two-hundred day moving average price is $45.55. Jeronimo Martins SGPS has a 52 week low of $32.68 and a 52 week high of $54.50.

Jeronimo Martins SGPS Cuts Dividend

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

Analysts Set New Price Targets

Several analysts have recently commented on the company. Citigroup upgraded Jeronimo Martins SGPS from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 1st. BNP Paribas upgraded Jeronimo Martins SGPS from a "strong sell" rating to a "hold" rating in a report on Friday, May 9th.

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.