Dorel Industries (DIIBF) Expected to Announce Earnings on Thursday

Dorel Industries (OTCMKTS:DIIBF) is anticipated to release its results after the market closes on Thursday, May 7th. Analysts expect Dorel Industries to post earnings of ($0.58) per share and revenue of $299.70 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF) last posted its quarterly earnings data on Tuesday, March 10th. The company reported ($0.35) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.26). The business had revenue of $278.94 million for the quarter, compared to the consensus estimate of $295.50 million.

Dorel Industries Price Performance

Shares of DIIBF opened at $1.23 on Friday. The company has a market capitalization of $42.64 million, a price-to-earnings ratio of -0.28 and a beta of 1.62. Dorel Industries has a fifty-two week low of $0.83 and a fifty-two week high of $1.76. The business’s 50-day moving average is $1.26 and its 200-day moving average is $1.26.

About Dorel Industries

Dorel Industries Inc is a publicly traded Canadian company engaged in the design, manufacture and distribution of consumer products across two core segments. Headquartered in Montreal, Quebec, Dorel serves retailers and end consumers in North America, Europe and select markets in Asia and Latin America. The company markets globally recognized brands and maintains an integrated supply chain encompassing product development, manufacturing and distribution.

The Dorel Juvenile segment produces a wide range of baby and children’s products, including car seats, strollers, high chairs, play yards and nursery furniture.