DHL Group (DHLGY) Set to Announce Earnings on Thursday

DHL Group (OTCMKTS:DHLGY) is expected to be announcing its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $24.62 billion for the quarter.

DHL Group (OTCMKTS:DHLGY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.54. The firm had revenue of $25.84 billion during the quarter, compared to the consensus estimate of $24.20 billion. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. On average, analysts expect DHL Group to post $2.01 EPS for the current fiscal year and $2.20 EPS for the next fiscal year.

DHL Group Stock Down 1.4%

DHLGY stock opened at $32.31 on Thursday. The company has a market cap of $71.76 billion, a price-to-earnings ratio of 11.31, a P/E/G ratio of 1.50 and a beta of 1.17. DHL Group has a twelve month low of $22.45 and a twelve month high of $33.70. The business has a 50 day moving average price of $32.18 and a two-hundred day moving average price of $37.40. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04.

Wall Street Analyst Weigh In

Several research firms have recently commented on DHLGY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a report on Tuesday, September 15th. Citigroup reissued a “neutral” rating on shares of DHL Group in a research note on Wednesday, October 21st. Royal Bank Of Canada began coverage on shares of DHL Group in a report on Thursday, October 15th. They set a “moderate buy” rating on the stock. Finally, Zacks Research lowered shares of DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

About DHL Group

DHL Group, formerly Deutsche Post DHL Group, is a Germany-based logistics and postal services company headquartered in Bonn. It provides international express delivery, freight transportation, contract logistics, supply chain management, and e-commerce fulfillment services for businesses and consumers.

The company operates through several business divisions, including DHL Express, DHL Global Forwarding, Freight, DHL Supply Chain, DHL eCommerce, and the Post & Parcel Germany business.