Dollarama (OTCMKTS:DLMAF) Releases Earnings Results, Beats Estimates By $0.01 EPS

Dollarama (OTCMKTS:DLMAF) released its earnings results on Wednesday. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.01, Zacks reports. Dollarama had a return on equity of 94.77% and a net margin of 17.65%.

Dollarama Price Performance

Shares of OTCMKTS DLMAF opened at $118.92 on Wednesday. The business has a 50-day simple moving average of $131.60 and a two-hundred day simple moving average of $131.26. The company has a market cap of $31.98 billion and a PE ratio of 45.04. Dollarama has a fifty-two week low of $112.41 and a fifty-two week high of $160.86. The company has a debt-to-equity ratio of 3.96, a quick ratio of 0.70 and a current ratio of 1.57.

Analyst Ratings Changes

A number of analysts recently weighed in on DLMAF shares. BMO Capital Markets reaffirmed an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Finally, Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research note on Thursday, August 20th. Five equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

Dollarama Company Profile

Dollarama Inc is a Canadian value retailer that operates a chain of stores offering a broad assortment of everyday consumer products at fixed, low price points. Its merchandise includes general merchandise, household supplies, seasonal items, toys, stationery, party goods, hardware, kitchen products, and select food and convenience products.

Founded in 1992, Dollarama has expanded into one of Canada’s largest discount-store networks, serving communities across the country through stores in all provinces and territories.