Zalando (OTCMKTS:ZLNDY) Releases Quarterly Earnings Results, Misses Estimates By $0.12 EPS

Zalando (OTCMKTS:ZLNDY) announced its earnings results on Tuesday. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.12), Zacks reports. The company had revenue of $3.95 billion for the quarter, compared to analyst estimates of $3.97 billion. Zalando had a return on equity of 3.39% and a net margin of 0.70%.

Zalando Stock Performance

OTCMKTS:ZLNDY traded up $0.22 on Thursday, hitting $14.41. The company’s stock had a trading volume of 5,062 shares, compared to its average volume of 58,496. Zalando has a one year low of $10.84 and a one year high of $17.37. The firm has a market capitalization of $7.04 billion, a P/E ratio of 65.50 and a beta of 1.50. The stock has a fifty day moving average of $14.92 and a two-hundred day moving average of $13.42. The company has a current ratio of 1.09, a quick ratio of 0.58 and a debt-to-equity ratio of 0.18.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ZLNDY. DZ Bank lowered Zalando from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Citigroup reaffirmed a “buy” rating on shares of Zalando in a research report on Thursday, May 14th. Finally, Barclays upgraded shares of Zalando to a “strong-buy” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently 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.