Dorel Industries (DIIBF) Expected to Post Earnings on Thursday

Dorel Industries (OTCMKTS:DIIBF) is expected to issue its results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of ($0.35) per share and revenue of $274.30 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF) last posted its earnings results on Wednesday, August 5th. The company reported ($0.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.25). The company had revenue of $249.50 million for the quarter, compared to analysts’ expectations of $283.60 million.

Dorel Industries Price Performance

OTCMKTS:DIIBF opened at $0.98 on Thursday. The business’s 50-day moving average is $1.04 and its two-hundred day moving average is $1.18. The firm has a market capitalization of $33.80 million, a PE ratio of -0.24 and a beta of 1.63. Dorel Industries has a 12 month low of $0.79 and a 12 month high of $1.76.

Wall Street Analyst Weigh In

Separately, TD Securities reissued a “hold” rating on shares of Dorel Industries in a report on Friday, August 7th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Dorel Industries Company Profile

Dorel Industries Inc was a Canadian consumer-products company headquartered in Montreal, Quebec. Founded in 1962, the company developed and marketed products through three principal business areas: juvenile products, home furnishings and recreational products. Its brands and operations served consumers through major retailers, e-commerce channels and specialty dealers in North America, Europe, Latin America and other international markets.

Dorel Juvenile produced car seats, strollers, playards, high chairs and other infant and child-care products.