DHL Group (DHLGY) Projected to Announce Quarterly Earnings on Thursday

DHL Group (OTCMKTS:DHLGY) is projected to post its results before the market opens on Thursday, November 5th. Analysts expect DHL Group 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 data on Wednesday, August 5th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.54. DHL Group had a return on equity of 16.44% and a net margin of 4.38%. The business had revenue of $25.84 billion during the quarter, compared to analysts’ expectations of $24.20 billion. On average, analysts expect DHL Group to post $2.03 EPS for the current fiscal year and $2.21 EPS for the next fiscal year.

DHL Group Price Performance

Shares of OTCMKTS:DHLGY opened at $33.05 on Tuesday. The business has a 50 day moving average price of $32.21 and a 200 day moving average price of $37.05. DHL Group has a twelve month low of $22.45 and a twelve month high of $33.70. The company has a market cap of $73.39 billion, a price-to-earnings ratio of 11.57, a PEG ratio of 1.50 and a beta of 1.17. The company has a quick ratio of 0.98, a current ratio of 1.03 and a debt-to-equity ratio of 1.04.

Analyst Upgrades and Downgrades

Several research analysts have commented on DHLGY shares. Royal Bank Of Canada assumed coverage on DHL Group in a research report on Thursday, October 15th. They issued a “moderate buy” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of DHL Group in a research report on Tuesday, September 15th. Citigroup restated a “neutral” rating on shares of DHL Group in a research note on Wednesday, October 21st. 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 given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

DHL Group Company Profile

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.