Kuehne & Nagel International (KHNGY) Projected to Post Quarterly Earnings on Wednesday

Kuehne & Nagel International (OTCMKTS:KHNGY) is anticipated to issue its results before the market opens on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.49 per share for the quarter.

Kuehne & Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings results on Thursday, July 24th. The company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The business had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $6.11 billion. Kuehne & Nagel International had a return on equity of 41.79% and a net margin of 4.47%. On average, analysts expect Kuehne & Nagel International to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kuehne & Nagel International Stock Up 0.3%

Shares of OTCMKTS KHNGY opened at $39.14 on Tuesday. The business has a 50-day moving average of $40.09 and a two-hundred day moving average of $42.61. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.86 and a quick ratio of 0.86. Kuehne & Nagel International has a 1 year low of $36.76 and a 1 year high of $51.88. The company has a market capitalization of $23.63 billion, a price-to-earnings ratio of 17.55, a price-to-earnings-growth ratio of 1.04 and a beta of 0.90.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on KHNGY shares. Zacks Research cut Kuehne & Nagel International from a “hold” rating to a “strong sell” rating in a research report on Friday, September 26th. BNP Paribas upgraded Kuehne & Nagel International from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft cut Kuehne & Nagel International from a “buy” rating to a “hold” rating in a research report on Friday, September 19th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce”.

About Kuehne & Nagel International

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.