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

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

Shares of DIIBF stock traded down $0.41 during trading on Friday, hitting $9.89. 1,347 shares of the company were exchanged, compared to its average volume of 2,604. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.83 and a current ratio of 1.78. The stock has a market cap of $322.84 million, a P/E ratio of 7.90 and a beta of 0.96. Dorel Industries has a twelve month low of $10.30 and a twelve month high of $24.79.

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Dorel Industries Company Profile

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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