Dorel Industries (DIIBF) Expected to Announce Earnings on Thursday

Dorel Industries (OTCMKTS:DIIBF) is expected to release its results after the market closes on Thursday, May 7th. Analysts expect Dorel Industries to post earnings of ($0.58) per share and revenue of $299.70 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF) last released its quarterly earnings results on Tuesday, March 10th. The company reported ($0.35) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.26). The firm had revenue of $278.94 million during the quarter, compared to analyst estimates of $295.50 million.

Dorel Industries Stock Performance

DIIBF remained flat at $1.23 on Tuesday. 287 shares of the company traded hands, compared to its average volume of 4,291. The stock’s 50-day simple moving average is $1.26 and its two-hundred day simple moving average is $1.26. Dorel Industries has a 12-month low of $0.83 and a 12-month high of $1.76. The stock has a market cap of $42.52 million, a price-to-earnings ratio of -0.28 and a beta of 1.61.

Dorel Industries Company Profile

Dorel Industries Inc is a publicly traded Canadian company engaged in the design, manufacture and distribution of consumer products across two core segments. Headquartered in Montreal, Quebec, Dorel serves retailers and end consumers in North America, Europe and select markets in Asia and Latin America. The company markets globally recognized brands and maintains an integrated supply chain encompassing product development, manufacturing and distribution.

The Dorel Juvenile segment produces a wide range of baby and children’s products, including car seats, strollers, high chairs, play yards and nursery furniture.