DHL Group (OTCMKTS:DHLGY) Releases Quarterly Earnings Results, Beats Expectations By $0.46 EPS

DHL Group (OTCMKTS:DHLGY) issued its quarterly earnings data on Thursday. The company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.46, Zacks reports. DHL Group had a net margin of 4.38% and a return on equity of 16.44%. The business had revenue of $25.46 billion during the quarter, compared to analysts’ expectations of $24.62 billion.

DHL Group Trading Down 4.4%

Shares of DHLGY traded down $1.47 on Friday, hitting $32.12. 138,502 shares of the stock traded hands, compared to its average volume of 187,930. DHL Group has a 1 year low of $24.07 and a 1 year high of $34.31. The stock’s 50 day moving average is $32.22 and its two-hundred day moving average is $36.62. The firm has a market capitalization of $71.34 billion, a P/E ratio of 9.54, a P/E/G ratio of 1.53 and a beta of 1.21. 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 Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of DHL Group in a research note on Tuesday, September 15th. Royal Bank Of Canada started coverage on DHL Group in a report on Thursday, October 15th. They set a “moderate buy” rating on the stock. Zacks Research downgraded DHL Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, Citigroup reissued a “neutral” rating on shares of DHL Group in a report on Wednesday, October 21st. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, DHL Group presently has a consensus rating of “Moderate Buy”.

DHL Group Company Profile

DHL Group is a Germany-based logistics and postal services company headquartered in Bonn. Formerly known as Deutsche Post DHL Group, it adopted the DHL Group name in 2023 and combines the DHL brand’s international logistics operations with mail and parcel services in Germany.

The company provides international express delivery, freight forwarding, contract logistics and supply chain management, as well as e-commerce shipping and domestic parcel services. Its German operations also handle mail delivery and related postal services.

DHL Group serves customers across more than 220 countries and territories.