Industria de Diseño Textil (IDEXY) Projected to Post Quarterly Earnings on Wednesday

Industria de Diseño Textil (OTCMKTS:IDEXY) is expected to be announcing its earnings results on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $11.13 billion for the quarter.

Industria de Diseño Textil (OTCMKTS:IDEXY) last announced its earnings results on Wednesday, December 11th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.01). Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%. On average, analysts expect Industria de Diseño Textil to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Industria de Diseño Textil Stock Up 2.2 %

OTCMKTS:IDEXY opened at $27.39 on Monday. The company has a market cap of $170.73 billion, a P/E ratio of 27.12, a price-to-earnings-growth ratio of 2.38 and a beta of 1.11. Industria de Diseño Textil has a twelve month low of $21.97 and a twelve month high of $30.11. The business has a 50 day moving average price of $26.64 and a two-hundred day moving average price of $27.46.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada downgraded shares of Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 12th.

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.