Pola Orbis (OTCMKTS:PORBF) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Pola Orbis (OTCMKTS:PORBF – Get Free Report) released its quarterly earnings data on Monday. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02, Zacks reports. Pola Orbis had a net margin of 6.38% and a return on equity of 10.20%. The business had revenue of $268.88 million during the quarter, compared to analyst estimates of $266.81 million.

Pola Orbis Stock Performance

PORBF stock opened at $7.70 on Wednesday. The business’s 50-day moving average is $7.70 and its two-hundred day moving average is $8.16. Pola Orbis has a fifty-two week low of $7.70 and a fifty-two week high of $9.30. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 24.06 and a beta of 0.18.

Pola Orbis Company Profile

(Get Free Report)

Pola Orbis Holdings is a Japan-based beauty and cosmetics group. Its businesses develop and sell skincare, makeup, fragrances and other beauty-related products, as well as offering beauty services and health-related products. The group’s portfolio includes POLA and ORBIS, along with brands such as THREE and Jurlique. Its products reach customers through retail stores, beauty consultants, e-commerce and other sales channels. The company traces its roots to POLA, founded in Japan in 1929, and established its holding-company structure in 2006.

Further Reading

Earnings History for Pola Orbis (OTCMKTS:PORBF)

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