Dorel Industries (DIIBF) Issues Earnings Results, Misses Expectations By $0.20 EPS

Dorel Industries (OTCMKTS:DIIBF) released its quarterly earnings results on Thursday. The company reported $0.31 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.20), MarketWatch Earnings reports. The firm had revenue of $683.55 million for the quarter. Dorel Industries had a negative net margin of 0.13% and a positive return on equity of 4.65%.

OTCMKTS DIIBF traded down $0.35 during trading hours on Friday, reaching $9.95. 510 shares of the company traded hands, compared to its average volume of 2,604. Dorel Industries has a 12 month low of $10.30 and a 12 month high of $24.79. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.78 and a quick ratio of 0.83. The company has a market capitalization of $322.84 million, a price-to-earnings ratio of 7.90 and a beta of 0.96.

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About Dorel Industries

Dorel Industries Inc designs, manufactures, markets, and distributes juvenile products, bicycles, and furniture worldwide. The company operates through three segments: Dorel Juvenile, Dorel Sports, and Dorel Home. The Dorel Juvenile segment engages in the design, sourcing, manufacturing, distribution, and retail of children's accessories, which include infant car seats, strollers, high chairs, and infant health and safety aids.

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Earnings History for Dorel Industries (OTCMKTS:DIIBF)

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