Zalando (OTCMKTS:ZLNDY) Releases Earnings Results, Misses Expectations By $0.14 EPS

Zalando (OTCMKTS:ZLNDY) issued its earnings results on Tuesday. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.14), Zacks reports. Zalando had a return on equity of 3.46% and a net margin of 0.70%.

Zalando Stock Performance

ZLNDY stock opened at $15.04 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.63 and a current ratio of 1.06. The stock has a market cap of $7.35 billion, a P/E ratio of 66.09 and a beta of 1.46. The firm has a 50 day simple moving average of $13.41 and a 200 day simple moving average of $13.45. Zalando has a 52 week low of $10.84 and a 52 week high of $17.37.

Analyst Upgrades and Downgrades

Separately, DZ Bank raised Zalando from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Zalando presently has a consensus rating of “Buy”.

About Zalando

Zalando SE is a Germany-based online fashion and lifestyle retailer headquartered in Berlin. The company operates a digital platform that offers clothing, footwear, accessories, beauty products and related lifestyle merchandise from international brands, as well as its own private-label offerings.

Founded in 2008 by Robert Gentz and David Schneider, Zalando initially focused on online footwear before expanding into a broader fashion marketplace. Its platform connects customers with brands and retail partners, while the company also provides services such as fulfillment, logistics, marketing and technology solutions through its partner ecosystem.

Zalando serves customers across multiple European markets through localized websites and mobile applications.