Dorel Industries (OTCMKTS:DIIBF) Announces Earnings Results, Misses Estimates By $0.04 EPS

Dorel Industries (OTCMKTS:DIIBF) issued its quarterly earnings data on Monday. The company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.04), Zacks reports.

Dorel Industries Price Performance

Shares of DIIBF stock traded down $0.04 during mid-day trading on Monday, hitting $0.91. 20,518 shares of the stock traded hands, compared to its average volume of 6,169. The stock has a market cap of $31.13 million, a P/E ratio of -0.22 and a beta of 1.11. The stock’s fifty day moving average is $1.02 and its two-hundred day moving average is $1.17. Dorel Industries has a 52-week low of $0.79 and a 52-week high of $1.76.

Analyst Upgrades and Downgrades

Separately, TD Securities reaffirmed a “hold” rating on shares of Dorel Industries in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

About Dorel Industries

Dorel Industries Inc was a Canadian consumer-products company headquartered in Montreal, Quebec. Founded in 1962, the company developed and marketed products through three principal business areas: juvenile products, home furnishings and recreational products. Its brands and operations served consumers through major retailers, e-commerce channels and specialty dealers in North America, Europe, Latin America and other international markets.

Dorel Juvenile produced car seats, strollers, playards, high chairs and other infant and child-care products.