Zalando (ZLNDY) Projected to Release Earnings on Wednesday

Zalando (OTCMKTS:ZLNDY) is expected to issue its results before the market opens on Wednesday, August 5th. Analysts expect Zalando to announce earnings of $0.2881 per share and revenue of $3.9743 billion for the quarter.

Zalando (OTCMKTS:ZLNDY) last released its earnings results on Wednesday, May 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.25). Zalando had a return on equity of 4.15% and a net margin of 0.89%.The firm had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.48 billion. On average, analysts expect Zalando to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Zalando Price Performance

Shares of OTCMKTS ZLNDY opened at $16.28 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.58 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $7.95 billion, a price-to-earnings ratio of 62.62 and a beta of 1.50. Zalando has a twelve month low of $10.84 and a twelve month high of $17.37. The business has a 50 day simple moving average of $14.78 and a 200-day simple moving average of $13.42.

Analysts Set New Price Targets

Several research firms have weighed in on ZLNDY. Citigroup reiterated a “buy” rating on shares of Zalando in a research note on Thursday, May 14th. DZ Bank lowered shares of Zalando from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Finally, Barclays raised shares of Zalando to a “strong-buy” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Zalando Company Profile

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.