Zalando (ZLNDY) Set to Announce Earnings on Thursday

Zalando (OTCMKTS:ZLNDY) will likely be announcing its results before the market opens on Thursday, November 5th. Analysts expect Zalando to announce earnings of $0.0953 per share and revenue of $3.57 billion for the quarter.

Zalando (OTCMKTS:ZLNDY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.12). Zalando had a return on equity of 3.46% and a net margin of 0.70%. The company had revenue of $3.95 billion during the quarter, compared to analysts’ expectations of $3.97 billion. On average, analysts expect Zalando to post $0.31 EPS for the current fiscal year and $0.83 EPS for the next fiscal year.

Zalando Price Performance

OTCMKTS ZLNDY opened at $15.04 on Tuesday. The company has a market cap of $7.35 billion, a price-to-earnings ratio of 66.09 and a beta of 1.46. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.06 and a quick ratio of 0.63. The stock’s fifty day moving average price is $13.41 and its 200 day moving average price is $13.45. Zalando has a 1 year low of $10.84 and a 1 year high of $17.37.

Analyst Upgrades and Downgrades

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

Zalando Company Profile

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.