Jeronimo Martins SGPS (OTCMKTS:JRONY) Issues Quarterly Earnings Results, Misses Estimates By $0.04 EPS
by Jessica Moore · The Cerbat GemJeronimo Martins SGPS (OTCMKTS:JRONY – Get Free Report) posted its earnings results on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04), Zacks reports. Jeronimo Martins SGPS had a net margin of 1.80% and a return on equity of 21.47%.
Jeronimo Martins SGPS Stock Performance
Shares of JRONY traded down $1.88 during trading hours on Thursday, reaching $45.82. 7,510 shares of the company traded hands, compared to its average volume of 15,634. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.33 and a current ratio of 0.58. The stock’s fifty day moving average is $48.95 and its 200 day moving average is $48.67. Jeronimo Martins SGPS has a 1-year low of $45.55 and a 1-year high of $54.50. The stock has a market cap of $14.42 billion, a P/E ratio of 19.58, a price-to-earnings-growth ratio of 1.52 and a beta of 0.84.
Jeronimo Martins SGPS Company Profile
Jeronimo Martins SGPS is a Portugal-based corporate group engaged primarily in food distribution and retail. Through its flagship Pingo Doce banner in Portugal, the company operates a network of full-service supermarkets and convenience outlets offering fresh produce, grocery items, and private-label products. In addition, its cash-and-carry arm, Recheio, supplies wholesale and hospitality professionals with a broad range of food and non-food goods.
Beyond its home market, Jeronimo Martins has established a significant presence in Poland under the discount supermarket brand Biedronka.