Industria de Diseño Textil (OTCMKTS:IDEXY) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Industria de Diseño Textil (OTCMKTS:IDEXY) released its earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01), Zacks reports. Industria de Diseño Textil had a net margin of 15.19% and a return on equity of 32.33%.

Industria de Diseño Textil Trading Down 7.9 %

Industria de Diseño Textil stock opened at $24.47 on Thursday. Industria de Diseño Textil has a 12 month low of $22.31 and a 12 month high of $30.11. The business’s 50 day simple moving average is $26.66 and its 200 day simple moving average is $27.43. The company has a market cap of $152.53 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 2.38 and a beta of 1.11.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada downgraded Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 12th.

About Industria de Diseño Textil

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.