Zalando (OTCMKTS:ZLNDY) Posts Earnings Results, Misses Expectations By $0.16 EPS

Zalando (OTCMKTS:ZLNDY) issued its quarterly earnings data on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.16), Zacks reports. Zalando had a net margin of 2.07% and a return on equity of 8.67%. The company had revenue of $4.74 billion during the quarter, compared to analyst estimates of $4.77 billion.

Zalando Price Performance

Shares of ZLNDY traded up $0.84 during mid-day trading on Friday, hitting $13.44. 6,681 shares of the company traded hands, compared to its average volume of 56,785. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.17. Zalando has a one year low of $10.84 and a one year high of $20.64. The business has a 50-day moving average of $13.21 and a 200 day moving average of $14.02. The stock has a market capitalization of $7.10 billion, a price-to-earnings ratio of 25.85 and a beta of 1.65.

Analyst Upgrades and Downgrades

ZLNDY has been the subject of a number of recent analyst reports. Citigroup restated a “buy” rating on shares of Zalando in a report on Thursday, December 11th. Barclays raised shares of Zalando from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Zalando has an average rating of “Hold”.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.