Jeronimo Martins SGPS (OTCMKTS:JRONY) Releases Earnings Results, Misses Expectations By $0.16 EPS

Jeronimo Martins SGPS (OTCMKTS:JRONY) posted its quarterly earnings data on Wednesday. The company reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.16), Zacks reports. The business had revenue of $11.01 billion for the quarter, compared to analysts’ expectations of $11.02 billion. Jeronimo Martins SGPS had a net margin of 1.83% and a return on equity of 21.15%.

Jeronimo Martins SGPS Trading Down 7.0%

JRONY stock traded down $3.45 during mid-day trading on Thursday, reaching $46.14. The company had a trading volume of 1,734 shares, compared to its average volume of 15,170. The company has a market capitalization of $14.52 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 1.30 and a beta of 0.90. The firm has a 50 day moving average of $49.44 and a 200 day moving average of $48.97. Jeronimo Martins SGPS has a 12 month low of $41.36 and a 12 month high of $54.50. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.58 and a quick ratio of 0.33.

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.