Metro (OTCMKTS:MTRAF) Releases Quarterly Earnings Results

Metro (OTCMKTS:MTRAF) released its quarterly earnings data on Wednesday. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.84), Zacks reports. Metro had a net margin of 4.52% and a return on equity of 15.01%. The company had revenue of $3.68 billion during the quarter, compared to analyst estimates of $7.10 billion.

Metro Trading Down 0.8%

MTRAF stock opened at $65.77 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.53 and a current ratio of 1.42. The company’s 50-day simple moving average is $69.12 and its 200 day simple moving average is $69.59. Metro has a 52 week low of $65.77 and a 52 week high of $83.02. The company has a market capitalization of $13.88 billion and a PE ratio of 39.86.

Wall Street Analyst Weigh In

Several equities analysts have commented on MTRAF shares. TD Securities reiterated a “buy” rating on shares of Metro in a report on Wednesday, January 28th. BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a report on Thursday. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Metro Company Profile

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.