Jerónimo Martins, SGPS (OTCMKTS:JRONY) Announces Earnings Results, Misses Estimates By $0.02 EPS

Jerónimo Martins, SGPS (OTCMKTS:JRONY) issued its quarterly earnings data on Wednesday. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.02), Zacks reports. Jerónimo Martins, SGPS had a return on equity of 21.86% and a net margin of 2.02%. The company had revenue of $8.86 billion for the quarter.

Jerónimo Martins, SGPS Trading Down 6.0 %

Shares of OTCMKTS:JRONY opened at $33.74 on Friday. Jerónimo Martins, SGPS has a 12-month low of $33.71 and a 12-month high of $55.42. The business has a 50 day moving average of $42.29 and a 200-day moving average of $43.11. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.36 and a current ratio of 0.60.

Jerónimo Martins, SGPS Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 30th. Stockholders of record on Tuesday, May 14th were issued a dividend of $1.4103 per share. The ex-dividend date was Monday, May 13th. This is a boost from Jerónimo Martins, SGPS’s previous dividend of $0.85. Jerónimo Martins, SGPS’s payout ratio is currently 35.37%.

About Jerónimo Martins, SGPS

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.