Industria de Diseño Textil (OTCMKTS:IDEXY) Releases Quarterly Earnings Results

Industria de Diseño Textil (OTCMKTS:IDEXY) announced its quarterly earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.01), Zacks reports. Industria de Diseño Textil had a return on equity of 32.33% and a net margin of 15.19%. The business had revenue of $11.96 billion during the quarter, compared to the consensus estimate of $11.13 billion.

Industria de Diseño Textil Stock Performance

OTCMKTS:IDEXY opened at $24.11 on Friday. The company has a market cap of $150.28 billion, a PE ratio of 23.87, a PEG ratio of 2.38 and a beta of 1.11. Industria de Diseño Textil has a 52-week low of $22.31 and a 52-week high of $30.11. The stock has a 50-day simple moving average of $26.63 and a 200 day simple moving average of $27.41.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada downgraded Industria de Diseño Textil from a “hold” rating to a “strong sell” rating in a report on Thursday, December 12th.

Industria de Diseño Textil Company Profile

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.