Zalando (OTCMKTS:ZLNDY) Issues Earnings Results

Zalando (OTCMKTS:ZLNDY) issued its earnings results on Wednesday. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25), Zacks reports. Zalando had a return on equity of 4.12% and a net margin of 0.89%.The company had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.48 billion.

Zalando Stock Down 0.2%

Shares of OTCMKTS:ZLNDY traded down $0.02 during trading on Friday, hitting $11.71. 7,589 shares of the company’s stock traded hands, compared to its average volume of 66,043. Zalando has a 52 week low of $10.84 and a 52 week high of $18.54. The company has a current ratio of 1.11, a quick ratio of 0.68 and a debt-to-equity ratio of 0.17. The company has a market cap of $6.05 billion, a price-to-earnings ratio of 45.04 and a beta of 1.52. The company has a 50-day moving average price of $12.45 and a 200-day moving average price of $13.35.

Wall Street Analyst Weigh In

ZLNDY has been the topic of a number of recent analyst reports. Barclays upgraded Zalando from an “equal weight” rating to an “overweight” rating in a report on Tuesday, January 13th. Sanford C. Bernstein upgraded Zalando from a “strong sell” rating to a “hold” rating in a report on Friday, March 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Zalando presently has an average rating of “Hold”.

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.