Sendas Distribuidora (OTCMKTS:ASAIY) Posts Quarterly Earnings Results, Misses Expectations By $0.20 EPS

Sendas Distribuidora (OTCMKTS:ASAIY - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.20), Zacks reports. Sendas Distribuidora had a net margin of 1.19% and a return on equity of 16.29%.Get Sendas Distribuidora alerts:Sendas Distribuidora Stock PerformanceShares of ASAIY stock traded up $0.15 during trading hours on Wednesday, reaching $8.90. The company had a trading volume of 37,150 shares, compared to its average volume of 24,013. The company has a current ratio of 1.12, a quick ratio of 0.54 and a debt-to-equity ratio of 4.32. The business has a fifty day moving average of $7.43. Sendas Distribuidora has a one year low of $5.12 and a one year high of $10.67. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 0.60 and a beta of 0.84. Wall Street Analysts Forecast GrowthSeparately, Citigroup downgraded Sendas Distribuidora from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 27th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Sendas Distribuidora presently has an average rating of "Hold".Read Our Latest Stock Report on ASAIYAbout Sendas Distribuidora (Get Free Report)Sendas Distribuidora SA is a Brazilian retail and distribution company that operates in the grocery and consumer goods sector. The company’s core activities include operating retail outlets and managing distribution operations that supply food, beverages, household products and personal-care items to end consumers and commercial customers. Its business model centers on combining in-store retailing with logistics and supply-chain services to move fast‑moving consumer goods across its network. Product categories handled by Sendas typically include fresh and packaged foods, dairy and frozen goods, beverages, cleaning and household supplies, and health and beauty products.Featured ArticlesFive stocks we like better than Sendas DistribuidoraNvidia CEO Issues Bold Tesla CallYour Bank Account Is No Longer SafeBuy this Gold Stock Before May 2026What a Former CIA Agent Knows About the Coming CollapseThe day the gold market brokeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Sendas Distribuidora Right Now?Before you consider Sendas Distribuidora, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sendas Distribuidora wasn't on the list.While Sendas Distribuidora currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here