Ahold (OTCMKTS:ADRNY) Issues Earnings Results, Beats Expectations By $0.03 EPS

Ahold (OTCMKTS:ADRNY) announced its earnings results on Wednesday. The company reported €0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of €0.76 by €0.03, Zacks reports. Ahold had a net margin of 2.48% and a return on equity of 16.43%. The company had revenue of €26.57 billion during the quarter, compared to analysts’ expectations of €25.86 billion.

Ahold Price Performance

Shares of ADRNY stock traded down €0.81 during trading hours on Friday, hitting €38.05. The company’s stock had a trading volume of 21,068 shares, compared to its average volume of 139,700. The company has a current ratio of 0.71, a quick ratio of 0.41 and a debt-to-equity ratio of 0.34. Ahold has a twelve month low of €32.25 and a twelve month high of €50.02. The stock has a market cap of $33.25 billion, a price-to-earnings ratio of 12.60, a P/E/G ratio of 1.83 and a beta of 0.44. The business has a fifty day moving average of €36.32 and a 200-day moving average of €41.40.

About Ahold

Ahold Delhaize is an international food retail and e-commerce company headquartered in Zaandam, the Netherlands. The company operates supermarkets, convenience stores and online grocery businesses, selling fresh food, packaged groceries, household products, health and beauty items, and other consumer goods. Its brands also provide digital ordering, delivery and pickup services in many markets.

The company was formed in 2016 through the merger of Koninklijke Ahold and Delhaize Group. Its retail brands include Albert Heijn, bol, Delhaize, Food Lion, Giant Food, Hannaford, Stop & Shop, Giant Company, and other regional banners.