Summer Infant (NASDAQ:SUMR) Posts Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Summer Infant (NASDAQ:SUMR) issued its quarterly earnings data on Wednesday. The company reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.09) by ($0.18), MarketWatch Earnings reports. Summer Infant had a negative net margin of 2.40% and a negative return on equity of 46.49%. The business had revenue of $42.70 million for the quarter.

Shares of SUMR opened at $1.89 on Friday. Summer Infant has a 12 month low of $1.45 and a 12 month high of $11.16. The stock has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.41. The company has a current ratio of 1.78, a quick ratio of 0.93 and a debt-to-equity ratio of 8.58. The firm has a market cap of $4.22 million, a PE ratio of -0.97 and a beta of -0.24.

About Summer Infant

Summer Infant, Inc, together with its subsidiaries, designs, markets, and distributes branded juvenile health, safety, and wellness products primarily worldwide. It offers audio and video monitors; safety products, including gates, bedrails, baby proofing products, potties, bath products, positioners, and infant health products; nursery products, such as specialty blankets, sleep aides and soothers, and travel accessories; and baby gear products consisting of strollers, bassinets, high chairs, and playards under the Summer, SwaddleMe, and born free brand names.

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Earnings History for Summer Infant (NASDAQ:SUMR)

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