Ahold (OTCMKTS:ADRNY) Posts Earnings Results, Beats Estimates By $0.03 EPS

Ahold (OTCMKTS:ADRNY) posted its quarterly earnings results on Wednesday. The company reported €0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of €0.76 by €0.03, Zacks reports. Ahold had a net margin of 2.45% and a return on equity of 16.64%.

Ahold Price Performance

Shares of ADRNY traded up €2.63 during mid-day trading on Wednesday, reaching €38.59. 78,477 shares of the company’s stock were exchanged, compared to its average volume of 140,161. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 0.34. The company has a 50-day simple moving average of €36.21 and a two-hundred day simple moving average of €41.40. Ahold has a 52-week low of €32.25 and a 52-week high of €50.02. The company has a market cap of $33.72 billion, a price-to-earnings ratio of 13.08, a PEG ratio of 1.68 and a beta of 0.44.

About Ahold

Ahold Delhaize is an international food retail and e-commerce company headquartered in Zaandam, the Netherlands. The company operates supermarkets, convenience stores and online grocery businesses, selling fresh food, packaged groceries, household products, health and beauty items, and other consumer goods. Its brands also provide digital ordering, delivery and pickup services in many markets.

The company was formed in 2016 through the merger of Koninklijke Ahold and Delhaize Group. Its retail brands include Albert Heijn, bol, Delhaize, Food Lion, Giant Food, Hannaford, Stop & Shop, Giant Company, and other regional banners.