H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Releases Quarterly Earnings Results

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) issued its quarterly earnings results on Thursday. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01), reports. The business had revenue of $5.61 billion for the quarter, compared to the consensus estimate of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.70% and a return on equity of 24.48%.

H & M Hennes & Mauritz AB (publ) Trading Down 1.5 %

HNNMY stock opened at $3.34 on Friday. The company has a market capitalization of $23.65 billion, a PE ratio of 25.69 and a beta of 1.43. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.55 and a current ratio of 1.08. H & M Hennes & Mauritz AB has a one year low of $2.52 and a one year high of $3.69. The company’s 50 day moving average price is $3.12 and its two-hundred day moving average price is $3.19.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HNNMY shares. HSBC upgraded shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “buy” rating in a research report on Friday, July 5th. Deutsche Bank Aktiengesellschaft raised shares of H & M Hennes & Mauritz AB (publ) from a “sell” rating to a “buy” rating in a report on Wednesday, July 3rd.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.