Zalando (OTCMKTS:ZLNDY) Announces Earnings Results

Zalando (OTCMKTS:ZLNDY - Get Free Report) posted its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.40 billion. Zalando had a return on equity of 8.34% and a net margin of 1.97%.

Zalando Stock Performance

Shares of OTCMKTS:ZLNDY traded down $1.03 on Monday, hitting $16.92. The company's stock had a trading volume of 13,744 shares, compared to its average volume of 12,372. The company has a market capitalization of $8.93 billion, a price-to-earnings ratio of 40.29 and a beta of 1.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.88 and a current ratio of 1.33. Zalando has a 12 month low of $10.01 and a 12 month high of $20.64. The stock's 50-day moving average is $17.85 and its two-hundred day moving average is $16.22.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Zalando from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 16th.

About Zalando

Zalando SE operates an online platform for fashion and lifestyle products. The company operates through Fashion Store and Offprice segments. It provides shoes, apparel, accessories, and beauty products with free delivery and returns, as well as various payment options. The company also sells its products through Lounge by Zalando; and brick-and-mortar outlet stores.