Dorel Industries (DIIBF) Expected to Release Quarterly Earnings on Wednesday

Dorel Industries (OTCMKTS:DIIBF – Get Free Report) is expected to post its results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of ($0.43) per share and revenue of $283.60 million for the quarter.

Dorel Industries (OTCMKTS:DIIBF – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.58) by ($0.07). The company had revenue of $267.84 million for the quarter, compared to analysts’ expectations of $299.70 million.

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Dorel Industries Stock Performance

OTCMKTS DIIBF opened at $1.11 on Monday. Dorel Industries has a 52 week low of $0.83 and a 52 week high of $1.76. The stock has a market cap of $38.48 million, a price-to-earnings ratio of -0.26 and a beta of 1.58. The company has a 50-day moving average price of $1.14 and a two-hundred day moving average price of $1.24.

Wall Street Analysts Forecast Growth

Separately, TD Securities upgraded Dorel Industries to a “hold” rating in a research report on Friday, July 24th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Dorel Industries has an average rating of “Hold”.

View Our Latest Stock Analysis on DIIBF

Dorel Industries Company Profile

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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.

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