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.

ILLEGAL ACTIVITY WARNING: This story was originally reported by WKRB News and is owned by of WKRB News. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://www.wkrb13.com/2019/05/12/dorel-industries-diibf-issues-quarterly-earnings-results.html.

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.

Featured Article: What are popular range trading strategies?

Earnings History for Dorel Industries (OTCMKTS:DIIBF)

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