Pola Orbis (OTCMKTS:PORBF) Posts Earnings Results, Beats Expectations By $0.04 EPS

Pola Orbis (OTCMKTS:PORBF) announced its earnings results on Thursday. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.04, Zacks reports. Pola Orbis had a net margin of 6.62% and a return on equity of 10.18%. The business had revenue of $267.60 million during the quarter, compared to the consensus estimate of $259.60 million.

Pola Orbis Price Performance

PORBF remained flat at $7.70 on Friday. Pola Orbis has a 12 month low of $7.70 and a 12 month high of $9.30. The firm has a fifty day moving average price of $7.82 and a 200 day moving average price of $8.39. The stock has a market capitalization of $1.70 billion, a P/E ratio of 23.33 and a beta of 0.18.

About Pola Orbis

Pola Orbis Holdings Inc is a Tokyo‐based cosmetics and personal care company that develops, manufactures and markets a broad range of skincare, makeup, fragrance and health‐food products. Under its flagship brands—Pola, Orbis and Jurlique—the company offers premium anti‐aging and beauty‐enhancing solutions sold through direct sales consultants, company‐operated salons, online channels and select department stores. Its product portfolio spans cleansers, toners, creams, serums, foundation, sun care items and nutritional supplements, catering to diverse consumer needs from daily maintenance to specialized treatments.

The origins of Pola Orbis Holdings date back to 1929 with the founding of Pola Cosmetics, followed by the launch of mail‐order cosmetic specialist Orbis in 1987.