Dorel Industries (DIIBF) Issues Quarterly Earnings Results

Dorel Industries (OTCMKTS:DIIBF) issued its earnings results on Friday. The company reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.23), MarketWatch Earnings reports. The company had revenue of $625.56 million during the quarter. Dorel Industries had a negative net margin of 16.96% and a positive return on equity of 4.21%.

Shares of OTCMKTS:DIIBF opened at $8.59 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.06 and a quick ratio of 0.47. The firm has a market capitalization of $278.79 million, a price-to-earnings ratio of 6.98 and a beta of 0.90. Dorel Industries has a 52-week low of $8.36 and a 52-week high of $20.40.

Separately, ValuEngine cut Dorel Industries from a “sell” rating to a “strong sell” rating in a report on Thursday, April 4th.

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Dorel Industries Company Profile

Dorel Industries Inc designs, manufactures, sources, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company's Dorel Home segment engages in the design, manufacture, sourcing, and distribution of ready-to assemble furniture and home furnishings, including metal folding furniture, children's furniture, step stool, hand truck, ladder, outdoor furniture, and other imported furniture and futon products.

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Earnings History for Dorel Industries (OTCMKTS:DIIBF)

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