Jerónimo Martins, SGPS (OTCMKTS:JRONY) Announces Earnings Results, Misses Expectations By $0.02 EPS

Jerónimo Martins, SGPS (OTCMKTS:JRONY) issued its earnings results on Wednesday. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.02), Zacks reports. The firm had revenue of $8.86 billion during the quarter. Jerónimo Martins, SGPS had a net margin of 2.02% and a return on equity of 21.86%.

Jerónimo Martins, SGPS Stock Performance

Jerónimo Martins, SGPS stock opened at $35.90 on Friday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 0.60. Jerónimo Martins, SGPS has a 12 month low of $35.22 and a 12 month high of $59.43. The stock’s 50 day simple moving average is $42.50 and its two-hundred day simple moving average is $43.21.

Jerónimo Martins, SGPS Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 30th. Investors of record on Tuesday, May 14th were given a $1.4103 dividend. The ex-dividend date of this dividend was Monday, May 13th. This is a positive change from Jerónimo Martins, SGPS’s previous dividend of $0.85. Jerónimo Martins, SGPS’s dividend payout ratio is currently 35.37%.

Jerónimo Martins, SGPS Company Profile

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.