Jerónimo Martins, SGPS (OTCMKTS:JRONY) Announces Earnings Results, Misses Estimates By $0.02 EPS

Jerónimo Martins, SGPS (OTCMKTS:JRONY) announced its quarterly earnings data on Wednesday. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.02), Zacks reports. Jerónimo Martins, SGPS had a return on equity of 21.86% and a net margin of 2.02%. The firm had revenue of $8.86 billion for the quarter.

Jerónimo Martins, SGPS Trading Down 11.4 %

OTCMKTS JRONY traded down $4.60 on Friday, hitting $35.90. The company’s stock had a trading volume of 16,655 shares, compared to its average volume of 13,591. Jerónimo Martins, SGPS has a 1-year low of $35.22 and a 1-year high of $59.43. The company’s 50-day moving average is $42.50 and its 200 day moving average is $43.21. The company has a current ratio of 0.60, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09.

Jerónimo Martins, SGPS Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, May 30th. Stockholders of record on Tuesday, May 14th were issued a dividend of $1.4103 per share. This is a boost from Jerónimo Martins, SGPS’s previous dividend of $0.85. The ex-dividend date was Monday, May 13th. Jerónimo Martins, SGPS’s payout ratio is 35.37%.

About Jerónimo 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.