Jerónimo Martins, SGPS (OTCMKTS:JRONY) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Posted by Jim Brewer on Jul 26th, 2024

Jerónimo Martins, SGPS (OTCMKTS:JRONY – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.56 EPS 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 firm had revenue of $8.86 billion during the quarter.

Jerónimo Martins, SGPS Stock Performance

Shares of JRONY opened at $35.90 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.60 and a debt-to-equity ratio of 0.09. Jerónimo Martins, SGPS has a one year low of $35.22 and a one year high of $59.43. The business has a fifty day moving average of $42.50 and a 200 day moving average of $43.21.

Jerónimo Martins, SGPS Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 30th. Investors of record on Tuesday, May 14th were issued a $1.4103 dividend. The ex-dividend date was Monday, May 13th. This is a positive change from Jerónimo Martins, SGPS’s previous dividend of $0.85. Jerónimo Martins, SGPS’s payout ratio is presently 35.37%.

About Jerónimo Martins, SGPS

(Get Free Report)

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.