Jerónimo Martins, SGPS (OTCMKTS:JRONY) Issues Earnings Results

Jerónimo Martins, SGPS (OTCMKTS:JRONY) issued its quarterly earnings results on Wednesday. The company reported $0.56 earnings per share 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 business had revenue of $8.86 billion during the quarter.

Jerónimo Martins, SGPS Price Performance

Jerónimo Martins, SGPS stock traded down $4.60 during mid-day trading on Friday, reaching $35.90. 16,655 shares of the company traded hands, compared to its average volume of 13,591. The firm’s fifty day moving average is $42.50 and its two-hundred day moving average is $43.21. Jerónimo Martins, SGPS has a fifty-two week low of $35.22 and a fifty-two week high of $59.43. The company has a current ratio of 0.60, a quick ratio of 0.36 and a debt-to-equity ratio of 0.09.

Jerónimo Martins, SGPS Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, May 30th. Shareholders of record on Tuesday, May 14th were given a dividend of $1.4103 per share. The ex-dividend date was Monday, May 13th. This is an increase 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.