Industria de Diseño Textil (OTCMKTS:IDEXY) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Industria de Diseño Textil (OTCMKTS:IDEXY) issued its earnings results on Wednesday. The company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%.

Industria de Diseño Textil Stock Performance

Industria de Diseño Textil stock opened at $26.56 on Wednesday. Industria de Diseño Textil has a twelve month low of $21.98 and a twelve month high of $30.11. The firm has a market cap of $165.56 billion, a PE ratio of 26.30, a P/E/G ratio of 2.38 and a beta of 1.11. The firm’s 50 day moving average price is $26.68 and its two-hundred day moving average price is $27.45.

Analyst Upgrades and Downgrades

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

About Industria de Diseño Textil

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.