Zalando (ZLNDY) to Release Earnings on Wednesday

Zalando (OTCMKTS:ZLNDY) is anticipated to issue its resultson Wednesday, August 5th. Analysts expect Zalando to post earnings of $0.2881 per share and revenue of $3.9743 billion for the quarter.

Zalando (OTCMKTS:ZLNDY) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.48 billion. Zalando had a net margin of 0.89% and a return on equity of 4.15%. On average, analysts expect Zalando to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Zalando Trading Up 4.2%

Shares of OTCMKTS:ZLNDY traded up $0.68 during midday trading on Wednesday, reaching $16.95. The company’s stock had a trading volume of 1,950 shares, compared to its average volume of 60,322. Zalando has a fifty-two week low of $10.84 and a fifty-two week high of $17.00. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.58 and a current ratio of 1.09. The firm has a 50 day moving average price of $14.48 and a two-hundred day moving average price of $13.37. The firm has a market capitalization of $8.28 billion, a price-to-earnings ratio of 65.19 and a beta of 1.51.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ZLNDY shares. Barclays upgraded Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. Citigroup restated a “buy” rating on shares of Zalando in a report on Thursday, May 14th. Finally, DZ Bank downgraded shares of Zalando from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

About Zalando

Zalando SE is a leading European online fashion and lifestyle platform, headquartered in Berlin, Germany. Established in 2008 by Robert Gentz and David Schneider, the company has built a marketplace that connects consumers with a broad selection of apparel, footwear, accessories and beauty products. Trading on the OTC Markets under the symbol ZLNDY, Zalando caters to style-conscious shoppers seeking both well-known international brands and emerging designers through its digital storefront.

Since its inception, Zalando has pursued rapid expansion across Europe, launching operations in key markets including Germany, France, Italy, the United Kingdom and the Nordics.