Dorel Industries (DIIBF) Projected to Post Earnings on Friday

Dorel Industries (OTCMKTS:DIIBF) is anticipated to release its earnings data before the market opens on Friday, May 9th. Analysts expect Dorel Industries to post earnings of ($0.36) per share and revenue of $347.80 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF) last announced its earnings results on Tuesday, March 11th. The company reported ($1.82) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($1.58). Dorel Industries had a negative net margin of 7.32% and a negative return on equity of 29.17%. The company had revenue of $326.85 million for the quarter, compared to the consensus estimate of $352.00 million.

Dorel Industries Stock Down 0.5 %

Shares of OTCMKTS:DIIBF opened at $1.14 on Thursday. The firm has a market capitalization of $37.04 million, a PE ratio of -0.36 and a beta of 2.06. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.46 and a current ratio of 0.94. Dorel Industries has a 52-week low of $0.90 and a 52-week high of $5.53. The firm has a fifty day moving average of $1.53 and a 200 day moving average of $2.64.

About Dorel Industries

Dorel Industries Inc engages in the design, manufacture, sourcing, marketing, and distribution of home and juvenile products worldwide. The company operates through Dorel Home and Dorel Juvenile segments. The Dorel Home segment offers ready-to assemble furniture and home furnishings products, including metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items.