Jeronimo Martins SGPS (OTCMKTS:JRONY) Announces Quarterly Earnings Results

Jeronimo Martins SGPS (OTCMKTS:JRONYGet Free Report) released its quarterly earnings data on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.04), Zacks reports. Jeronimo Martins SGPS had a return on equity of 21.47% and a net margin of 1.80%.

Jeronimo Martins SGPS Price Performance

Shares of JRONY stock traded up $1.67 during mid-day trading on Wednesday, reaching $47.70. The stock had a trading volume of 16,817 shares, compared to its average volume of 11,387. Jeronimo Martins SGPS has a 12-month low of $45.66 and a 12-month high of $54.50. The company has a market cap of $15.01 billion, a P/E ratio of 20.38, a price-to-earnings-growth ratio of 1.52 and a beta of 0.84. The business has a 50-day simple moving average of $48.95 and a 200 day simple moving average of $48.67. The company has a current ratio of 0.58, a quick ratio of 0.33 and a debt-to-equity ratio of 0.13.

Jeronimo Martins SGPS Company Profile

(Get Free Report)

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.

See Also

Earnings History for Jeronimo Martins SGPS (OTCMKTS:JRONY)

Receive News & Ratings for Jeronimo Martins SGPS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jeronimo Martins SGPS and related companies with MarketBeat.com's FREE daily email newsletter.